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home : local news : local news May 24, 2016

2/24/2014 2:19:00 PM
Unit 4 moves ahead on bonds to cut deficit
By TOM OSBORNE
Daily News

The Oblong school district will be issuing more bonds in an attempt to cover the budget deficit created by the state.

The Unit 4 school board Thursday night approved a resolution providing for the issue of taxable general obligation school bonds, Series 2014, to increase the working cash fund of the district and providing for the levy of direct annual tax sufficient to pay the principal and interest of the bonds.

This is part of a plan the board adopted last year to make up for the loss of general state-aid payments. The bonds are worth $700,000 and are on a seven-year repayment cycle.

To make room for the bond funds in the working-cash fund, the board also approved a resolution to abate $179,330 from the working cash fund to the education fund.

The board also approved Option A for the 2014-15 school year calendar. The first day for students would be Aug. 19 and the last day for students would be May 29. The last day for student this school year will be May 30.

In other business, the board approved advertising for sealed bids for replacement lights from the 2005 lighting grant project. The grant allowed the district to replace light fixtures in their buildings with newer, more energy-efficient fixtures.

Unit 4 Superintendent Jeff Patchett said that since the replacement, the old fixtures have been sitting in the bus barn.

The board also approved the application for a security grant. Patchett said the main focus of the grant would be to replace windows and doors, and could work concurrently with a life safety grant the district already has.

In personnel matters, the board rehired David Parker as grade school principal and assistant superintendent for the 2014-15 school year.

Also, the board accepted the resignation of Billie Gangloff as bus driver effective March 31, and thanked her for her years of service to the district.

The board also honorably dismissed grade school cook Christy Coulter and thanked her for her years of service.

The board also approved David Miller, Craig Bunten and Charles Morrison as volunteer assistant high school baseball coaches.

In other business, the board:

• Approved the proposed waiver of school code concerning the designation of school holidays.

• Approved the Senior Class trip on Tuesday, May 27.

• Approved Sylvan Tutoring Services.

The next regular school board meeting will be Monday, March 17, at 7 p.m. in the Oblong Room.





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