(Audubon) The Audubon School Board Monday night approved a resolution authorizing official statement for bond sale. Superintendent Eric Trager said the bond sale will take place on June 2nd.
Trager said the board also talked about the rating call they had with Standard and Poor’s.
“So, we’ll get our rating in terms of, you know, currently we’re an A-rated organization so hopefully we’re going to maintain our A rating and that will help with our rate on our bond sale,” said Trager. “We also passed a couple of policies that direct the district on how to behave once the bonds are sold so that we remain in compliance with all of the tax laws and SEC regulations so we looked at those last night as well.”
In other news, Trager said the school district was willed a home in Washington State from a graduate of Audubon who passed away. The school district is in the process of trying to get that home sold. When the home is sold, the money will go into the General Fund as miscellaneous income.
“Our tentative plan right now with our big building renovation project is maybe to try to do some nice additions with that money, so a new sound system in the gym is one thing that’s been brought up, some new weight equipment for the weight room, maybe some equipment in the science lab. There’s a number of things that have been brought up that maybe we can enhance our project a little bit using those funds, so it will be nice for our district for sure,” said Trager.
In other action, the board approved student fees (Trager said the only change is they increased the price of student lunches and breakfast 5-cents and increased the snack fee $10 a year for elementary students); the SU “Breakdown” Insurance for FY21 was approved as well as the ISFIS Membership; the Audit Report; List of Graduates; a Milk Bid from AE; a bid for concrete replacement by the south doors; and the hiring of a Social Studies/At-Risk Teacher and a Spanish Teacher.
