FAYETTE BOARD OF EDUCATION: Board Discusses Finances & Upcoming Levy Renewal

The Fayette Board of Education held their meeting on Monday, October 17^th. The meeting began at 6:30 p.m. with reports and updates.

The superintendent spoke and stated that schools are now required to have multidisciplinary teams trained in threat assessment.

Teams consist of a variety of members across the district. Each team member has completed the required training modules through Public Works. The resource officer is leading the team.

The treasurer then spoke about the school district income tax for FY22. The amount is up by $16,131 over FY 21.

The five-year forecast is complete for FY 2023-2027 with no deficit spending predicted. Employee medical insurance rates will see a 13% increase.

This increase is the highest increase the school has seen. The district will have a tax renewal on the November 8^th ballot.

This 5-year renewal is not a new tax and generates $229,000 annually.

Building principals also spoke before the board moved to approve the following agenda items. The financial reports for September 2022.

The five-year forecast and supporting notes for fiscal years 2023-2027. The certificate of records disposal for FY22 and a $90,000.00 transfer from General Fund 001 to Bond Fond 002-0000.

The monthly substitute list for teachers and paraprofessionals from NwoESC for FY23.

A one-year supplemental contract for Alissa Stockburger as the Junior High Cheerleader Coach for FY23.

Rex Blevins as a substitute custodian beginning October. 13^th, 2022 for FY 23.

A partial year contract for Rex Blevins as a full-time custodian beginning November 1^st, 2022.

A paid leave of absence for Dan Smith as bus driver for October 24^th, 2022, through November 28^th, 2022.

An update to the NEOLA Board Policies Volume 41 Number 1. A seven-year term for Chris Seiler as a Board Member for the Normal Memorial Library beginning January 1^st, 2023.

for the FFA students to attend the National FFA Convention on October 26^th through the 28th, 2022, in Indianapolis, Indiana.

With no further business to conduct, the meeting was adjourned at 6:43 p.m.