Biennial GASB 75 Actuarial Valuation Study
The Board approved an agreement with Total Compensation Systems, Inc., for a biennial GASB 75 actuarial valuation study at a cost of $9,900. Governmental Accounting Standards Board Statement No. 75 requires that governmental agencies calculate and report the present liability for future non-pension benefits for employees and retirees.
Recognition of Certificated and Classified Employees
The Board adopted resolutions designating May 13, 2020, as
Day of the Teacher and May 18-22, 2020, as
Classified School Employee Week to honor the district's certificated and classified employees for their dedicated service.
Refinancing of District’s Outstanding 2013 Certificates of Participation
The Board adopted Resolution 190-17 authorizing actions necessary to refinance the district’s outstanding 2013 Certificates of Participation. This refinancing transaction is expected to result in over $1 million in savings to the district.