Below is a summary of lthe November 23rd Board of Education meeting. Please remember these are not the official minutes, but just a quick summary.
Metro Interagency Insurance Program: MIIP is a consortium of six local education agencies (Cedar Rapids, Kirkwood, College Community, Linn-Mar, Grant Wood, and Marion) that share insurance resources/buying. A review of the 2014-15 statistics and highlights from the current year were provided. A total of 42% of claims were for disc, joint, or back disorders. Teledoc has been a success with 259 people signed up for the program, 283 consults from October thru June, and a savings of $10,000. Linn-Mar continues to be the only District in the consortium to pilot the Teledoc program.
Bond Counsel Presentation: Matt Gillaspie with Piper Jaffray Companies reviewed several historical debt issuances, explained the benefits and process of issuing bonds, and current cash flow estimates. Gillaspie also reviewed the expected 2016 Physical Plant & Equipment Levy (PPEL) Note issuance for funding school infrastructure and equipment repairs, purchases, and improvements.
Booster Club: The Booster Club awarded almost $25,000 in additional, unbudgeted grants in 2014-15 to sponsor various academic, fine arts, and athletic activities. The main income sources for the Booster Club are membership dues, clothing sales, concession sales, and photo sales. The Booster Club’s 2015-16 budget is set at $135,900 wi... more