Board of Education

NEWS RELEASE

For additional information, contact: Lorie Pearce, Executive Assistant to BOE/Supt at lpearce@pcschools.us

Board of Education Actions & Accomplishments – March 29, 2022

by Erin Grady, BOE President

The PCSD Board of Education met in a Special Session on Tuesday, March 29, 2022 at 2:00 P.M. At the meeting, the Board of Education led a review of the financing plans for Ecker Hill Middle School, Parley’s Park Elementary School, and the Trailside Elementary School expansion/renovations which were not included in the November 2021 General Obligation Bond election.

Throughout the Bond election, all six schools and projects were contemplated and described for the community. Three of the projects were selected to be funded through a General Obligation Bond, and three of the projects were referred to alternative financial options from private bank funding to capital campaign funds and donations or to secure funding through an alternative lease revenue bond.

Currently, all projects are on time and on budget as we work through the planning phases with the Ecker Hill Middle School project beginning this summer and with Parley’s Park and Trailside beginning work next summer. We are also pleased that our Collective Commitments for Clean Energy are also running according to plan.

In order to fund the three projects not included in the GO Bond, the Board of Education authorized its Local Building Authority to access an alternative revenue option in the form of a lease/revenue bond through a financial resolution at today’s session. This financing product does not lead to a tax increase and is, instead, paid back from existing capital revenues. For example, it is likely that the entirety of the Trailside expansion will be paid for with capital reserves.

The alternate funding option through the lease revenue bond and its flexibility provides an opportunity to pay down debt earlier or to offset costs as we continue with local capital funding donations or campaigns.

Both Bond Counsel and the District’s Financial Advisor were on hand to ensure full understanding of this finance option and encouraged the Board of Education to move forward with securing this option while interest rates remain favorable. Bond Counsel also described a similar approach in other districts across Utah.

The next regular meeting of the Park City School District Board of Education will be held at 3:00 P.M. on Tuesday, April 19, 2022 at 2700 Kearns Blvd. The meeting is also live-streamed.

The Building Authority will host a public hearing opportunity on Monday, April 25, 2022 at 6:00 P.M. The public hearing will also be live-streamed.

Board of Education

NEWS RELEASE

For additional information, contact: Lorie Pearce, Executive Assistant to BOE/Supt at lpearce@pcschools.us

Park City School District is committed to student safety.

The board was informed this morning that the Summit County Attorney’s office has filed charges against the Park City School District. The district is looking into the charges and will respond in due course through legal counsel.

We take these allegations seriously and as always prioritize the safety of our students so that they can reach their academic and social potential.

We ask that the public is respectful of the district administration and allows this process to play out before assuming any negligence or bad intent.

The board fully supports the Superintendent, her administration and all our staff as they continue to provide a safe learning environment for all our students.

PCSD Board of Education

NEWS RELEASE

For additional information, contact: Lorie Pearce, Executive Assistant to BOE/Supt at lpearce@pcschools.us

Board of Education Actions & Accomplishments-March 15, 2022

By Erin Grady, BOE President

PCSD Board of Education met on March 15, 2022 at our regular monthly business meeting. The meeting started at 3:30 P.M. at the District Office with a planned legal update for the BOE in a Closed Session.

During the open meeting, we heard updates from PCEA and wish to thank our educators, staff and administrators for strong partnership as we tackle any issues that emerge together. The Board appreciates the opportunity to meet on any number of topics from calendar planning to budget development input.

Dr. Mahon-Reynolds provided the Board with an update on the Coalition for Safe & Inclusive Schools. With participation from our administrators, educators, staff and community partners, we believe in the power to positively impact student outcomes and ensure a sense of safety and belonging for all within the Park City Schools.

An overview of the master facility plan has us on time and on budget for our schools projects with a great opportunity to hit our energy efficiency goals.

We received an update of the monthly budget development process as well as legislative impacts to the 22/23 school year. Currently, the budget includes the third year of a four year compensation plan that will include a planned truth in taxation increase in August 2022.

Our strategic planning areas for budget priority include:

Increasing Academic Achievement

Provide a Safe School Environment that Supports the Whole Child

Attract and Retain Outstanding Educators and Staff

Strengthen School, Family and Community Engagement

Ensure Fiscal and Operational Responsibility

Grade realignment planning and implementation for 2024-2025 school year

We have also had an opportunity to hear about legislative updates – many of the approved Bills went through the last 24 hours of the session. It will take some time to ensure all policy and practical implications of new legislation makes its way to our day to day operations.

The Board of Education is so proud of our educators’ day to day accomplishments. Did you know that in the mid-year academic progress reports provided by the CAO, that ALL student groups are making expected progress and growth? That is an amazing achievement, and we know how hard everyone is working to keep our students on track.

Thank you to our educators and staff for keeping our students at the forefront of the critically important work that you do each and every day.

#GoMiners!