Glenwood Community School District
Special Meeting of the Board of Directors Central Office Board Room
5:30 P.M. Monday, December 20, 2010
Call to Order
President Romens called the special meeting to order at 5:30 p.m. The Pledge of Allegiance was recited.
Roll Call
Upon roll call the following Board members responded as being present: President Romens, Dave Blum, David Warren, Henry Clark and Linda Young.
Instructional Support Levy Plan
The Board of Directors reviewed several different scenarios showing how the Instructional Support Levy could be funded. The scenarios compared different tax rates, different Instructional Support percentages and different amounts of SILO used for debt reduction. Following discussion, Dave Blum made a motion to approve scenario number three on page two as the funding for the Instructional Support Levy. This scenario sets the income surtax rate at 7%, put approximately 10% of the ISL on property tax, reduces the cash reserve levy and uses $200,000 additional of SILO funds to reduce the debt service levy. The debt service levy will be reduced by $200,000 for the next five years and school textbook fees will be eliminated if the Instructional Support Levy passes. This action of the Board will reduce property taxes and school fees for next year if the ISL vote passes on February 1, 2011. Dave Warren seconded the motion. All voted “aye”. Motion carried.
Budget Process Discussion
Superintendent Embray shared with the Board a budget process he has used to prioritize the budget and to use as a guide if reductions need to be made.
Implementing Budget Process
Following the budget process discussion, Dave Warren made a motion to move forward with the Program Based Budgeting process Superintendent Embray presented. Dave Blum seconded the motion. All voted “aye”. Motion carried.
Adjournment
As there was no further business to come before the Board at this time, a motion was made by Linda Young and seconded by Henry Clark to adjourn the special meeting at 7:05 p.m. The motion was unanimously approved.
Theresa Romens, President Shirley Lundgren, Board Secretary