Fayetteville Board of Education

Minutes of the September 27, 2001 Regular Meeting

 

The meeting convened at 5:00PM in the Adams Leadership Center with President Steve Percival presiding.  The Pledge of Allegiance was led by students from Holt Middle School.

 

Roll Call

The roll was called and board members Shannon McCuin, Howard Hamilton, Steve Percival, Malcolm McNair and Christine Bell were present.

 

Consent Agenda

Howard Hamilton made a motion to accept the consent agenda.  Christine Bell seconded the motion, which passed by a 5-0 vote.

 

Arbitrage Rebate Calculations Proposal

Dr. Morstad, Chief Financial Officer, recommended that the Board accept the proposal of Thomas & Thomas for arbitrage compliance services.  New IRS regulations limit the amount of interest that public entities, such as school districts, may make on bonds.  The arbitrage form will closely monitor the district’s investment to make sure that we do not exceed the interest limit.  Malcolm McNair made a motion to accept the proposal from the firm of Thomas & Thomas.  Howard Hamilton seconded the motion, which passed by a 5-0 vote.

 

Special Healthcare Needs Policy

Molly Lloyd, School Nurse Director, asked the Board to approve a policy for students with special healthcare needs.  The policy meets the requirements of Arkansas Act 1146 of 1995, Arkansas Act 1565 of 1999 and the Arkansas State Board of Nursing Guidelines from May of 2000.  The policy will enable those students who require individualized health care intervention to participate in the educational process.  Howard Hamilton made a motion to approve the policy.  Shannon McCuin seconded the motion, which passed by a 5-0 vote.

 

Homeless Student Policy

Emily Williams, Homeless Liaison for the district, asked the Board to approve a homeless student policy which would put the district in compliance with the McKinney Homeless Act: Education for Homeless Children and Youth Act of 1990.  Ms. Williams added that under federal law we are required to have a homeless student policy.  Christine Bell made a motion to approve the proposed homeless student policy.  Malcolm McNair seconded the motion, which passed by a 5-0 vote.

 

Program Evaluation Report

Ron Jared, Assistant Superintendent, presented a report on the work of the Program Evaluation Committee in regard to the district’s counseling program.  The evaluation committee developed a survey to determine the effectiveness of the counseling services currently provided.  Students, teachers, and parents on the elementary, jr. high, and high school level were asked to complete the survey.  Mr. Jared noted that the survey results gave the district several good things to celebrate, as well as several areas which need more attention and work.

 

Monthly Financial Report

Dr. Morstad presented the district’s monthly financial report.  The only major change she noted in the report was the increase in the district’s reserve to reflect one month’s salary expense.  Dr. Morstad said that the reserve has been increased from 5.675% to 7.75%.  She added that the eventual goal is to have the equivalent to two months salary expense in the reserve.

 

 

                                                                                                _________________________________

                                                                                                Steve Percival, President