[00:00:03]
GOOD EVENING.I'M DAVID STOLLE, BOARD PRESIDENT AND PRESIDING OFFICER, NOTING THAT A
[1. CALL TO ORDER: 6:00 PM]
QUORUM IS PRESENT I CALL TO ORDER THIS WORK SESSION OF THE PLANO ISD BOARD OF TRUSTEES AT 6:01 P.M.ON TUESDAY, NOVEMBER 16, 2021.
ON THE BOARD'S BEHALF I WISH TO WELCOME OUR VIEWERS AND ALL WHO ARE PRESENT WITH US THIS EVENING.
AT THIS TIME, I ASKED SUPERINTENDENT BONSER TO VERIFY THAT WE ARE IN COMPLIANCE WITH THE PROVISIONS OF THE OPEN MEETINGS ACT REGARDING THIS MEETING.
I VERIFY THAT THIS MEETING HAS BEEN POSTED IN COMPLIANCE WITH THE PROVISIONS OF THE TEXAS OPEN MEETINGS ACT.
I'M GOING TO TAKE A MINUTE TO INTRODUCE MY FELLOW TRUSTEES AND STAFF SEATED UP HERE ON THE DAIS.
AND TO MY LEFT, SARA BONSER, SUPERINTENDENT OF SCHOOLS, DR.
THERESA WILLIAMS, CHIEF OPERATING OFFICER, TRUSTEE ANGELA POWELL, TRUSTEE DR.
LAUREN TYRA AND BOARD SECRETARY JERI CHAMBERS TO MY RIGHT VICE PRESIDENT NANCY HUMPHREY, TRUSTEE CODY WEAVER, RANDY MCDOWELL, THE OLD CHIEF FINANCIAL OFFICER.
JOHNNY HILL, OUR BRAND NEW SHINY CHIEF FINANCIAL OFFICER.
[LAUGHTER] PATRICK TANNER, ASSISTANT SUPERINTENDENT FOR TECHNOLOGY SERVICES, DR.
KATRINA HASLEY, ASSISTANT SUPERINTENDENT FOR ACADEMIC SERVICES, DR.
COURTNEY GOBER IS NOT WITH US TONIGHT.
DR. SELENDA ANDERSON, ASSISTANT SUPERINTENDENT FOR STUDENT ENGAGEMENT AND DISTRICT SERVICES, DR.
BETH BROCKMAN, ASSISTANT SUPERINTENDENT FOR EMPLOYEE SERVICES.
AND SHARON NOWAK, EXECUTIVE ASSISTANT TO THE SUPERINTENDENT AND THE BOARD OF TRUSTEES.
WE WILL NOW HEAR PUBLIC COMMENTS RELATED TO AGENDA ITEMS, DR.
[2. PUBLIC COMMENT SESSION - AGENDA ITEMS ONLY]
WILLIAMS, DO WE HAVE ANY SPEAKERS? THANK YOU, PRESIDENT STOLLE, WE HAVE ONE SPEAKER THIS EVENING.SO I NEED TO READ THROUGH THIS BEFORE OUR SPEAKER.
AUDIENCE PARTICIPATION IN THIS MEETING OCCURS DURING PUBLIC COMMENT SESSION.
AT ALL OTHER TIMES, THE AUDIENCE SHALL NOT ENTER INTO DISCUSSION ON MATTERS BEING CONSIDERED UNLESS REQUESTED BY THE PRESIDING OFFICER.
IN ORDER FOR THE BOARD TO HOLD THIS MEETING IN AN EFFECTIVE MANNER, I ASK THE PUBLIC TO ABIDE BY THE RULES OUTLINED IN BOARD POLICY BED LOCAL.
AT WORK SESSIONS THE BOARD PERMITS PUBLIC COMMENT REGARDING AGENDA ITEMS ONLY.
THE INFORMATION SHARED IN PUBLIC COMMENT PROVIDES THE OPINION OF THE INDIVIDUAL SPEAKER, NOT OF THE DISTRICT.
INDIVIDUALS PARTICIPATE BY SUBMITTING A COMMENT CARD IN ADVANCE OF THE MEETING.
COMMENT CARDS ARE NOT TRANSFERABLE TO ANOTHER SPEAKER AND INCOMPLETE COMMENT CARDS MAY NOT BE HONORED.
FAILURE TO LIST THE AGENDA ITEM BEING ADDRESSED ON YOUR COMMENT CARD WILL RESULT IN THE PRESUMPTION THAT YOU ARE SPEAKING ON A NON AGENDA ITEM, WHICH ARE NOT HEARD AT THIS MEETING.
IF THE SPEAKER IS NOT PRESENT WHEN HIS OR HER NAME IS CALLED, THE SPEAKER FORFEITS THE OPPORTUNITY TO SPEAK.
SHOULD AN INDIVIDUAL FAIL TO ADDRESS THE ITEMS LISTED IN THEIR PUBLIC COMMENT CARD, I WILL STOP THE SPEAKER AND REQUEST THAT THEY MAINTAIN FOCUS ON THE TOPIC LISTED.
SPEAKERS WHO FAIL TO ADHERE TO THE TOPIC LISTED ON THEIR COMMENT CARD ARE OUT OF ORDER AND WILL BE ASKED TO LEAVE THE PODIUM.
A MAXIMUM OF THREE MINUTES WILL BE PROVIDED.
WE HAVE ONE SPEAKER, SO TONIGHT'S SPEAKER WILL BE ALLOTTED THE FULL THREE MINUTES.
A TIMER WILL BE DISPLAYED UP HERE SO THAT YOU CAN SEE HOW MUCH TIME YOU HAVE LEFT.
AND AT THE END OF YOUR TIME, WE ASK THAT YOU COMPLETE YOUR COMMENTS AT THE END OF THE THREE MINUTES.
SPECIFIC FACTUAL INFORMATION OR RECITATION OF EXISTING POLICY MAY BE FURNISHED IN RESPONSE TO INQUIRIES, BUT THE BOARD SHALL NOT DELIBERATE REGARDING ANY SUBJECT THAT IS NOT INCLUDED ON THE POSTED AGENDA.
IF AN INDIVIDUAL HAS NOT ATTEMPTED TO SOLVE A MATTER ADMINISTRATIVELY THROUGH RESOLUTION CHANNELS ESTABLISHED BY POLICY, THE PRESIDING OFFICER OR DESIGNEE SHALL REFER THE SPEAKER TO THE APPROPRIATE POLICY TO SEEK RESOLUTION.
THE BOARD WILL NOT TOLERATE DISRUPTION OF THE MEETING.
IT'S A CRIMINAL OFFENSE WITH INTENT TO PREVENT OR DISRUPT A LAWFUL MEETING TO SUBSTANTIALLY OBSTRUCT OR INTERFERE WITH THE ORDINARY CONDUCT OF THE MEETING BY PHYSICAL ACTION OR VERBAL UTTERANCE.
I JUST ASK THAT AT THE END OF YOUR THREE MINUTES, IF YOU'LL BE CONCLUDED WITH YOUR COMMENTS.
WHEN YOU ARE CALLED TO THE PODIUM, PLEASE STATE YOUR NAME, THE AGENDA ITEM RELATING TO YOUR COMMENTS AND WHETHER OR NOT YOU RESIDE IN THE DISTRICT.
DR. WILLIAMS. OUR ONLY SPEAKER THIS EVENING IS JAMIE TAYLOR.
SO, AS NOTED, THERE WILL BE THREE MINUTES AND THEN SECRETARY CHAMBERS WILL ALSO, I DON'T KNOW IF YOU ANNOUNCE ANY MORE WHEN YOU HAVE ONE MINUTE LEFT.
DO YOU NEED OR DO YOU WANT A PROMPT WHEN YOU HAVE A MINUTE LEFT? NO, THIS IS PRETTY MUCH EXACTLY THREE MINUTES.
I TIMED IT A FEW TIMES, SO I MIGHT HAVE TO READ KIND TOO FAST, BUT I THINK IT CAN DO IT.
I'M JAMIE TAYLOR, AND I'M HERE TO SPEAK ABOUT PLAYGROUNDS.
[00:05:02]
GOOD EVENING, MEMBERS OF THE BOARD.THANK YOU FOR ALLOWING ME TO SPEAK ON BEHALF OF MY DAUGHTER, A KINDERGARTNER AT ALDRIDGE ELEMENTARY.
PEOPLE COME INTO YOUR LIFE AND CAN PROFOUNDLY SHIFT YOUR THOUGHTS OF ACCEPTANCE, INCLUSION AND THE TRUE MEANING OF LIFE.
IT BECAME AWARE TO ME WHEN CLAIRE WAS FIGHTING FOR HER LIFE IN THE NICU THAT IT WAS MEANT TO BE HER YES PERSON IN A WORLD THAT WOULD CONSTANTLY TELL HER NO.
THEY SAID SHE MIGHT NOT EAT BY MOUTH, WALK, TALK OR EVEN MAKE IT OUT OF THE HOSPITAL.
I HAD TO BE HER YES, EVERY TIME THEY TOLD ME NO, I HAD TO PUSH FOR ORAL FEEDING, PUSH TO GET HER OFF OF OXYGEN TO GIVE HER A CHANCE TO BREATHE ON HER OWN.
I HAD TO PUSH FOR THE DOCTORS TO DECREASE HER SEIZURE MEDICATIONS THAT WAS KEEPING HER IN A COMA LIKE STATE AND PREVENTING HER FROM HAVING PROPER GAG SUCK SWALLOW REFLEXES.
I HAD TO PUSH TO GET HER OUT OF THE HOSPITAL AND TO OUR HOME AFTER THREE AND A HALF GRUELING WEEKS.
SHE WAS HEALTHY UNTIL SHE WASN'T.
THAT DAY IN 2016, AN EMERGENCY C-SECTION AND TEN MINUTES OF RESUSCITATION BROUGHT HER INTO THIS WORLD ON A BIRTHDAY WE SHARE AND THE DAY WE BOTH ALMOST DIED.
THAT DAY I BECAME MORE THAN AN ORDINARY MOM.
SINCE THAT DAY, OUR LIVES HAVE BEEN RULED BY NUMEROUS MEDICAL SPECIALISTS, THOUSANDS OF HOURS OF THERAPY, STEM CELL TRANSPLANTS, MOBILITY EQUIPMENT, LEG BRACES, HIP X-RAYS, UPCOMING SURGERIES.
DOESN'T MATTER BECAUSE I'M HER YES.
I WILL DO ALL I CAN TO HELP HER LIVE THE MOST NORMAL LIFE POSSIBLE.
SHE NOW WALKS VERY WELL WITH A WALKER AND EVEN TRIES TO RUN WITH IT.
SHE HAS CEREBRAL PALSY AS A RESULT OF THE 10 MINUTE LACK OF OXYGEN TO HER BRAIN.
SHE'S AFFECTED IN MOTOR SKILLS, BUT HER PERSONALITY AND COGNITION ARE INTACT.
SHE'S ALSO VERY HEALTHY NOW WITH A GREAT IMMUNE SYSTEM, AND SHE'S A PRINCESS, A BEAUTIFUL, HAPPY, BUBBLY, SPUNKY PRINCESS.
SHE HAS THREE OLDER BROTHERS AND A FATHER THAT ALL TREAT HER AS SUCH.
OF COURSE, THEY WILL INDULGE IN YET ANOTHER PRINCESS MOVIE OR PLAY ANOTHER GAME OF BABY DOLLS OR KICK THE SOCCER BALL, YOU NAME IT.
THEY HAVE LEARNED TO BE HER YES, IN A WORLD OF NO'S.
CLAIRE LOVES SCHOOL AND IS INCLUDED BY HER PEERS AS MUCH AS IS ALLOWED BY HER ENVIRONMENT.
ASK ANY ELEMENTARY STUDENT WHAT THEY LOVE MOST ABOUT SCHOOL, AND ALMOST ALL OF THEM WILL SAY RECESS.
IT'S ONE OF THE MOST IMPORTANT TIMES FOR SOCIAL AND EMOTIONAL LEARNING.
THIS IS WHEN THE KIDS LEARN HOW TO BE INCLUSIVE AS WELL.
CURRENTLY AT ALDRIDGE, CLAIRE DOES NOT HAVE ACCESS TO THE PLAYGROUND AREA.
THERE ISN'T EVEN A CONCRETE SIDEWALK FOR HER TO SIMPLY ENTER THE AREA.
THE AREA UNDERNEATH THE STRUCTURE IS LOADED WITH WOOD CHIPS, SURELY NOT ADA COMPLIANT AND SURELY NOT ACCESSIBLE BY A WALKER.
SHE PLAYS ON THE CONCRETE ADJACENT TO THE PLAYGROUND AREA, KNOWING SHE ISN'T ALLOWED ACCESS HER PEERS, ALSO KNOWING SHE ISN'T ALLOWED ACCESS.
I ASK, IS THIS YOUR VISION OF INCLUSION? INSTEAD, IMAGINE WITH ME A PLAYGROUND WITH POURED IN PLACE RUBBER SAFETY SURFACE.
IMAGINE AN ADAPTIVE MERRY GO ROUND WHERE CHILDREN CAN SIT IN PLASTIC MOLDED SEATS NEXT TO CHILDREN WHO ARE STANDING.
IMAGINE DIFFERENT TYPES OF SWINGS, MAYBE TRADITIONAL SWINGS, ALSO HIGH BACK PLASTIC SEATS.
WHEN CLAIRE WAS A STUDENT AT BEATY, SHE WAS ABLE TO ROLL HER WALKER RIGHT UP TO THE PLAYGROUND STRUCTURE.
FROM THERE, SHE COULD CLIMB THE STEPS WITH THE HANDRAILS CRUISE ALL AROUND, AND SHE COULD EVEN SLIDE ON THE SLIDE.
SHE CAN'T DO THAT AT ALDRIDGE, SO I'M ASKING YOU TO ENVISION THIS PLAYGROUND WITH ME TO CHOOSE INCLUSION, TO CHOOSE TO BE CLAIRE'S YES PERSON WITH ME.
THAT CONCLUDES OUR PUBLIC COMMENT SESSION TONIGHT, IF THERE ARE NO OBJECTIONS FROM
[3. CLOSED SESSION]
THE BOARD, WE WILL ADJOURN TO CLOSED SESSION AS AUTHORIZED UNDER THE TEXAS OPEN MEETINGS ACT FOR THE FOLLOWING PURPOSES SECTIONS 551.071 551.072 AND 551.129.[4. RECONVENE OPEN SESSION]
ALL RIGHT, THANK YOU ALL FOR YOUR PATIENCE.THE BOARD IS NOW RECONVENING IN OPEN SESSION.
TODAY IS TUESDAY, NOVEMBER 16TH.
WE WILL NOW ADDRESS DISCUSSION AND ACTION ITEM 5.1 APPROVAL OF THE ANNUAL
[5. DISCUSSION AND ACTION]
COMPREHENSIVE FINANCIAL REPORT FOR FISCAL YEAR ENDED JUNE 30TH 2021.PRESENTED BY RANDY MCDOWELL, BUT INTRODUCED BY SARA BONSER.
SO I JUST WANTED TO BEFORE WE TURN THE MIC OVER TO RANDY, THIS IS THE RANDY MCDOWELL SHOW.
THE REST OF THE AGENDA IS RANDY MCDOWELL REPORTS FROM SCHOOL FINANCE AND ALL THINGS RELATED TO AREAS THAT HAVE BEEN UNDER THE PURVIEW OF MR. MCDOWELL SINCE HE TOOK OVER AS THE CHIEF FINANCIAL OFFICER FOR PLANO ISD.
SO I THINK IT'S VERY FITTING THAT ON RANDY'S LAST BOARD MEETING OF HIS CAREER, CAN YOU IMAGINE TWO BOARD MEETINGS A MONTH FOR HOW MANY YEARS, RANDY? SINCE I WAS 29 YEARS OLD I THINK YEAH.
SINCE HE WAS TWENTY NINE YEARS OLD, AND HE'S NOT TELLING US HOW LONG THAT IS.
BUT IT'S VERY FITTING THAT ON AN EVENING THAT WHEN RANDY'S CONDUCTING HIS LAST MEETING, WE HAVE SOME FINANCE REPORTS AND THINGS RELATED TO THE BUSINESS SERVICE AREA, WHICH HE HAS FAITHFULLY LED FOR MANY, MANY YEARS IN AN EXEMPLARY CAREER.
AND RANDY, I'LL PROBABLY SAY IT A HUNDRED TIMES, BUT IT'S BEEN A JOY TO WORK WITH YOU.
[00:10:01]
YOU'RE THE ULTIMATE PROFESSIONAL.AND THIS DISTRICT IS BETTER AND SOUNDER IN ITS FINANCIAL POSITION FOR YOU HAVING SERVED HERE AND KIDS ARE BETTER AND STAFF FOR YOU HAVING LED HERE.
AND WE WILL MISS YOU GREATLY AND WE LOOK FORWARD TO ALL OF THE GREAT INFORMATION YOU ARE GOING TO SHARE WITH US TONIGHT IN YOUR LAST HURRAH.
AND THIS REALLY WASN'T BY DESIGN.
WE REALLY DIDN'T STACK THE AGENDA.
I WAS LIKE, COME ON, GIVE ME A BREAK.
IT JUST DIDN'T WORK OUT THAT WAY.
SO NEXT TIME IT'S JOHNNY'S TURN.
BUT WE DO HAVE THE ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR FISCAL YEAR 2020 2021 TONIGHT, AND WE HAVE THE WRONG PRESENTATION PULLED UP.
BUT IT SHOULD BE THE ONE THAT STARTS WITH WEAVER.
BUT WE DO HAVE JENNIFER RIPKA HERE WITH WEAVER.
I WILL SAY THAT SHE WILL GIVE YOU THE BIG OVERVIEW.
WE DID MEET LAST WEEK WITH THE ACCOUNTING STAFF AND WE ALSO MET WITH THREE BOARD MEMBERS THAT ARE ON THE AUDIT COMMITTEE AND THAT'S NANCY, JERI AND DR.
SO WE APPRECIATE WE WENT THROUGH PRETTY MUCH EVERY PAGE OF THE AUDIT.
AND SO THEY DID SEE IT IN DETAIL.
AND OF COURSE, THE BOARD MEMBERS HAVE HAD A COPY OF THE AUDIT FOR SEVERAL DAYS.
AND SO I'LL TURN IT OVER TO JENNIFER WITH WEAVER.
I COULDN'T BE HERE, I HAD TO BE AT ANOTHER MEETING AND THAT MEETING THAT HAD TO GIVE FINDINGS.
SO SARA DIDN'T WANT TO DO THAT ONE.
SHE NEEDED TO DO THE GOOD ONE.
[LAUGHTER] SO BUT THIS IS JUST A LITTLE BIT ABOUT WEAVER, SOMETHING ABOUT SARA.
Y'ALL DON'T GET TO KNOW ANYTHING ABOUT ME.
I'VE BEEN ON THIS ENGAGEMENT FOR SEVERAL YEARS AND I'M THE PARTNER ON THE ENGAGEMENT.
BUT SARA DOES ACT IN THE TECHNICAL REVIEW SPACE FOR THIS ENGAGEMENT.
WE DO PERFORM THE AUDIT IN ACCORDANCE WITH GENERALLY ACCEPTED AUDITING STANDARDS, AS WELL AS GENERALLY ACCEPTED GOVERNMENT AUDITING STANDARDS.
WE PERFORM A SINGLE AUDIT AND THAT'S OVER THE FEDERAL FINANCIAL ASSISTANCE.
AND SO THAT'S WITHIN THE REALM OF UNIFORM GUIDANCE.
SO TWO DIFFERENT AUDITS THAT ARE OCCURRING.
AND THEN WE ALSO DO PERFORM TEST OVER COMPLIANCE WITH REGARDS TO THE PUBLIC FUNDS INVESTMENT ACT AND THEN ALSO THE TEA STATE COMPLIANCE REQUIREMENTS.
WE TAKE A RISK BASED APPROACH TO OUR AUDITS AND SO WE IDENTIFY AREAS OF SPECIFIC RISK.
AND SO FOR PLANO, THAT IS FEDERAL AND STATE GRANT REVENUES AND EXPENDITURES.
SO A SIGNIFICANT AMOUNT OF FUNDING THAT ROLLS THROUGH THE DISTRICT, AS YOU ALL KNOW, AND THEN STATE FOUNDATION SCHOOL PROGRAM REVENUE AND THE RELATED ESTIMATES.
SO THERE IS A SIGNIFICANT AMOUNT OF ESTIMATES THAT OCCURS WITH REGARDS TO STATE FUNDING.
AND SO WE DO KNOW THAT THAT'S FOREVER CHANGING, UNFORTUNATELY.
AND SO WE HAVE TO LOOK AT THE ESTIMATES ASSOCIATED WITH THAT.
PAYROLL AND PAYROLL RELATED LIABILITIES BECAUSE IT IS A SIGNIFICANT PORTION OF THE EXPENDITURES HERE AT THE DISTRICT AND THEN CONSTRUCTION AND PROGRESS CAPITAL ASSETS AND THEN THE RELATED DEPRECIABLE LIVES OF THOSE ASSETS.
WE DO TEST INTERNAL CONTROLS OVER FINANCIAL REPORTING AS WELL AS COMPLIANCE OVER THE FEDERAL FINANCIAL ASSISTANCE THAT YOU ALL RECEIVE.
AND THEN, AS I MENTIONED EARLIER, WE TEST COMPLIANCE.
SO HERE FOR THE RESULTS OVER THE FINANCIAL STATEMENTS, WE WILL OR YES, WE WILL ISSUE AN UNMODIFIED OPINION.
IT'S THE HIGHEST LEVEL OF ASSURANCE THAT CAN BE PLACED ON A SET OF FINANCIAL STATEMENTS.
AND WITH REGARDS TO FINANCIAL REPORTING, AS I MENTIONED EARLIER, WE LOOK AT THE INTERNAL CONTROLS OVER THAT FINANCIAL REPORTING AND WE LOOK FOR ANY WEAKNESSES.
SO WE NOTED THERE WERE NO MATERIAL WEAKNESSES AND NO SIGNIFICANT DEFICIENCIES, AND THEN ALSO NO NONCOMPLIANCE WITH REGARDS TO THE THE FINANCIAL STATEMENT.
SO OVERALL, A GREAT REPORT WITH REGARDS TO THE FINANCIAL STATEMENTS, WHICH IS GREAT BECAUSE I WOULDN'T WANT TO, YOU KNOW, RANDY TO GO OUT WITH A BAD REPORT.
AND THE AUDIT RESULTS FOR THE FEDERAL AWARDS.
WE WILL ISSUE AN UNMODIFIED OPINION ON THOSE.
YOU ALL ARE A LOW RISK AUDITEE.
AND SO WE DO GO THROUGH A SERIES OF A QUESTIONNAIRE TO DETERMINE WHETHER OR NOT THE DISTRICT IS A LOW RISK AUDITEE, WHICH YOU ALL ARE.
AND THEN INTERNAL CONTROLS OVER MAJOR PROGRAMS, NO MATERIAL WEAKNESSES IDENTIFIED THERE NO SIGNIFICANT DEFICIENCIES AND THEN NO FINDINGS THAT WERE REQUIRED TO BE REPORTED UNDER UNIFORM GUIDANCE.
THE MAJOR PROGRAMS FOR THIS YEAR WERE TITLE ONE AND TITLE THREE, SO THOSE LARGE PROGRAMS ARE GOING TO ROTATE EVERY THREE YEARS.
SO TITLE ONE CHILD NUTRITION SPECIAL ED THOSE COME UP EVERY THREE YEARS, NO MATTER
[00:15:05]
WHAT.SO THAT GOT PUSHED INTO THE CYCLE AS WELL.
SO FOUR DIFFERENT PROGRAMS THAT WE TESTED THIS YEAR, AND THAT'S NORMAL ACROSS ALL THE DISTRICTS THAT WE'VE BEEN AUDITING.
CAN I ASK A QUESTION REAL QUICK ON THE LAST SLIDE? YES.
WHAT WOULD MAKE US A HIGH RISK AUDITEE VERSUS A LOW RISK AUDITEE? SO IF YOU GO BACK TO THIS MATERIAL, IF YOU ALL HAD A MATERIAL WEAKNESS, IF WE DIDN'T SUBMIT THE DATA COLLECTION FORM, WHICH IS THE REPORTING PACKAGE ON TIME, IF YOU ALL HAD A MODIFIED OPINION THAT WOULD PUSH YOU INTO IT'S, YOU CAN'T CALL IT A HIGH RISK AUDITEE, BUT IT'S A NON LOW RISK AUDITEE.
THEY TRY TO MAKE IT TO NOT AS HARSH OR, YOU KNOW, THE WORDING, BUT THAT WOULD BE IT.
[LAUGHTER] AS FAR AS THE GASB 84 IS ALWAYS CREATING NEW STANDARDS FOR US TO FOLLOW.
AND THIS YEAR WE HAD TO IMPLEMENT GASB 84.
AND SO FOR THIS, THE STUDENT ACTIVITY FUNDS WILL NO LONGER BE REFERRED TO AS AGENCY FUNDS, AND THEY'LL BE REFERRED TO AS A CUSTODIAL FUND.
IT'S A DIFFERENT MEASUREMENT FOCUS.
AND SO INSTEAD OF HAVING ASSETS AND LIABILITIES ONLY ON THE OTHER SIDE OF IT, YOU CAN SEE THE ADDITIONS AND REDUCTIONS, WHICH IS THE SOURCES AND USES ASSOCIATED WITH THOSE STUDENT ACTIVITY FUNDS.
THERE WAS A CUMULATIVE EFFECT OF THREE HUNDRED AND FORTY EIGHT THOUSAND, BUT REALLY NO CHANGE IN HOW THOSE PROGRAMS ARE RUN.
IT'S JUST AN ACCOUNTING MECHANISM.
EVERYTHING ELSE THERE WERE NO AUDIT ADJUSTMENTS, NO PAST ADJUSTMENTS.
AND WHEN WE LOOK AT THE ESTIMATES WITH REGARDS TO UNCOLLECTIBLE TAXES, NET PENSION LIABILITY.
LET'S SEE THE IBNR, ALL OF THOSE WE LOOK AT THOSE ASSUMPTIONS DETERMINE THAT THE ASSUMPTIONS THAT WERE USED WERE REASONABLE AND THEN MOVE FORWARD WITH THE AUDIT.
THERE WERE NO MATERIAL ERRORS.
NO ILLEGAL ACTS THAT WERE NOTED.
NO TRANSACTIONS THAT WERE ENTERED INTO THAT WE CONSIDER TO HAVE OR LACK AUTHORITATIVE GUIDANCE.
SO THAT JUST MEANS WE SOMETIMES THERE'S SITUATIONS WHERE THE STANDARDS DON'T POINT DIRECTLY WHAT YOU NEED TO DO FROM AN ACCOUNTING STANDPOINT.
BUT WE DIDN'T HAVE ANY OF THOSE THIS YEAR AND NO DIFFICULTIES, NO DISAGREEMENTS THAT AROSE DURING THE COURSE OF THE AUDIT, NO INDEPENDENCE ISSUES AND THEN NO CONSULTATIONS OR REQUESTS FOR A SECOND OPINION.
THE FINANCIAL HIGHLIGHTS, AND SO THIS IS THE GOVERNMENTAL FUNDS IN TOTAL, SO THE GENERAL FUND, DEBT SERVICE FUND, CAPITAL PROJECTS AND THEN OTHER FUNDS ARE GOING TO INCLUDE THE SPECIAL REVENUE FUNDS.
SO ALL OF THE FEDERAL FINANCIAL ASSISTANCE FLOWS THROUGH THESE OTHER FUNDS.
SO YOU ALL ROUNDED OUT THE YEAR WITH FOUR HUNDRED AND THIRTY FIVE POINT THREE MILLION IN FUND BALANCE, AND IT'S BROKEN DOWN BETWEEN THOSE DIFFERENT FUNDS.
SIXTY THREE PERCENT, OF COURSE, IN THE GENERAL FUND, THAT WAS A DECREASE, BUT IT'S PRIMARILY BECAUSE OF ALL THE CAPITAL PROJECTS THAT YOU ALL HAVE BEEN DOING OVER THE PAST YEAR.
SO FORTY FOUR MILLION IN FACILITIES AND ACQUISITION AND CONSTRUCTION COSTS IN 2021.
AS FAR AS THE BUDGETARY HIGHLIGHTS, THERE WAS A FAVORABLE BUDGET VARIANCE FOR FISCAL YEAR 2021.
YOU ALL HAD TWO SIGNIFICANT CHANGES OR AMENDMENTS TO THE BUDGET.
ONE WAS TO THE STATE PROGRAM REVENUE, AND THAT'S REALLY DUE TO THE PRIOR YEAR'S PROPERTY VALUE AUDIT.
AND THEN THE OTHER WAS THE CHAPTER FORTY NINE INCREASE.
AND SO THAT'S TYPICAL ACROSS ALL OF THE DISTRICTS THAT WE'VE HAD.
THERE WAS NO REAL WAY TO BUDGET FOR THAT.
AND THEN AS FAR AS CAPITAL ASSETS AND LONG TERM DEBT, TOTAL CAPITAL ASSETS DECREASED TWELVE POINT THREE MILLION.
AND THAT'S REALLY DRIVEN BY THE DEPRECIATION ASSOCIATED WITH THE CAPITAL ITEMS. YOU ALL DID HAVE SIGNIFICANT AMOUNT OF CAPITAL OUTLAY, BUT DEPRECIATION OVER THROUGH THAT.
AND SO THIS LIST A LOT OF THE ADDITIONS THAT YOU ALL DID OVER THE COURSE OF THE YEAR AND THEN LONG TERM DEBT AND TOTAL BONDED DEBT SIX HUNDRED AND EIGHTY THREE POINT THREE MILLION, I MEAN, YOU ALL DID HAVE A REFUNDING THIS YEAR AND THAT DECREASED THE DISTRICT'S AGGREGATE DEBT SERVICE PAYMENTS BY TWENTY TWO MILLION.
AS OF 6:30 THERE WAS FORTY NINE POINT NINE MILLION IN AUTHORIZED BONDS THAT REMAINED UNISSUED.
AS ALWAYS, WE APPRECIATE THE OPPORTUNITY TO SERVE THE DISTRICT.
I WANT TO THANK RANDY, FOR ALL OF HIS HELP AND THEN ALSO COURTNEY AND ANGELA, THEY'RE GREAT TO WORK WITH.
THIS IS BY FAR ONE OF THE BEST DISTRICTS THAT WE HAVE THE OPPORTUNITY TO WORK
[00:20:04]
WITH.AND SO I APPRECIATE THAT, APPRECIATE WHAT YOU ALL DO, AND I WILL OPEN IT UP FOR ANY QUESTIONS THAT YOU ALL HAVE.
ANY QUESTIONS? QUESTIONS ANYBODY? ALL RIGHT, JENNIFER.
SO, JENNIFER, I AM VERY PROUD OF OUR DISTRICT AND LAST YEAR I ASKED YOU ABOUT WHY WE WERE SO [INAUDIBLE] AND YOU SAID IT'S BECAUSE OF TRANSPARENCY AND BE ABLE TO HAVE ACCESS.
WHAT ADVICE WOULD YOU GIVE OUR NEW CFO AS HE STARTS TAKING OVER ON HIS DAY TWO? ALLOW ME TO STILL HAVE ACCESS AND TOO I MEAN, HE HAS SUCH A GREAT TEAM, SO I THINK THAT HE'S IN GREAT HANDS.
SO I THINK THAT THAT'S REALLY IT.
YOU ALL DO A REALLY GREAT JOB HERE.
JENNIFER, WE DO WANT TO THANK YOU AND YOUR TEAM FOR YOUR PROFESSIONALISM AND YOUR THOROUGHNESS AND THE RELATIONSHIP THAT WE HAVE.
I DO AGAIN WANT TO THANK OUR FINANCE TEAM.
THAT'S ONE OF THE FIRST THINGS I TOLD JOHNNY IS, HEY, THIS TEAM, YOU KNOW, THEY'RE ROCK STARS AND COURTNEY AND ANGELA, AND WE'VE GOT SOME OTHER SARA AND KATHY AND SHERRA AND THE WHOLE TEAM.
SO, YOU KNOW, THE AUDIT'S REALLY IS THE END RESULT OF ALL THE WORK THAT THE ENTIRE TEAM DOES.
AND HONESTLY, THE PERSON WHO PROBABLY DOES THE LEAST THAT IS AUDITED IS PROBABLY ME.
I PROBABLY DO THE LEAST WORK ON THE AUDIT OF ANYBODY IN THE FINANCE DEPARTMENT.
SO IT'S ON THIS GROUP AND THEY DO A REALLY GREAT JOB.
SO WE APPRECIATE THEM AND APPRECIATE YOU ALL.
RANDY, ANYTHING ELSE ON THIS MATTER? NO, SIR, IT WOULD BE THE RECOMMENDATION TO APPROVE THE ANNUAL COMPREHENSIVE FINANCIAL REPORT.
SO AS A REMINDER, THIS IS AN ACTION ITEM.
SO MAY I HAVE A MOTION? I MOVE THAT THE BOARD OF TRUSTEES APPROVES THE REQUIRED ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30TH, 2021.
LAUREN TYRA, A SECOND BY NANCY HUMPHREY, THAT THE BOARD OF TRUSTEES APPROVES THE REQUIRED ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2021.
IS THERE ANY FURTHER DISCUSSION? ALL RIGHT, LET'S PROCEED TO VOTE.
ALL IN FAVOR, PLEASE RAISE YOUR HAND.
THE MOTION PASSES UNANIMOUSLY SEVEN ZERO.
HEY, DAVID, CAN I SAY ONE THING? YOU MAY IN OUR FRIDAY UPDATE, WE WERE TOLD ABOUT AN AWARD THAT THE DISTRICT GOT IN ADDITION TO HAVING THE 30, WHAT, SIX, THIRTY EIGHT YEARS OF THE EXCELLENCE AND FINANCIAL REPORTING WE'VE RECEIVED AND TELL ME THE NAME OF IT, THE STAR TRANSPARENCY STAR AWARD, BECAUSE OF ALL OF THE TRANSPARENCY THAT WE HAVE.
SO I KNOW THAT IN THE PAST WE'VE HAD QUESTIONS ABOUT IS THE DISTRICT TRANSPARENT? WELL, ABSOLUTELY WE ARE.
AND YOU CAN EVEN ADDRESS THAT IN HOW WE ARE TRANSPARENT, BUT TELL THEM ABOUT THAT AWARD.
AND SO AGAIN, COURTNEY REEVES, SHE SUBMITTED THAT SHE SUBMITTED THE APPLICATION OF THAT WITH THE STATE COMPTROLLER.
AND BASICALLY, YOU HAVE TO SEND IN ALL THE WAYS THAT YOU'RE TRANSPARENT, WHAT YOU'VE GOT ON THE WEBSITE, WHAT FROM BUDGETS TO AUDITS, I MEAN, SO ON AND SO FORTH.
AND IT'S I MEAN, IT TAKES A LOT OF INFORMATION FOR YOU TO BE FULLY TRANSPARENT AND GET THE FIVE STAR AWARD FROM THE STATE COMPTROLLER.
BUT WE DID OBTAIN THAT LAST WEEK OR RECENTLY, I THINK IT WAS LAST WEEK.
SO THANKS TO COURTNEY AND HER GROUP, MOSTLY COURTNEY ON THAT ONE.
SO THANK YOU, RANDY, AND CONGRATULATIONS TEAM ON THAT.
I THINK ALL SEVEN OF US ELECTED OFFICIALS UP HERE SAID DURING A CAMPAIGN THAT WE WERE GOING TO BE TRANSPARENT.
WE WIN AWARDS FOR BEING TRANSPARENT.
SO CANDIDATES WHO SAY THEY WANT TO BE TRANSPARENT HAVE A PRETTY HIGH BAR.
WOW, I DIDN'T GO THERE, BUT YES.
[LAUGHTER] ALL RIGHT, LET'S MOVE ON TO REPORT.
SO OUR FIRST REPORT THIS EVENING PERTAINS TO ELEMENTARY CAMPUS
[6. REPORTS]
PLAYGROUNDS AND WE GO TO OH RANDY, THIS IS FOR YOU AGAIN.SO WE ARE EXCITED TO BRING YOU SOME INFORMATION ON WHAT OUR TEAM HAS BEEN WORKING ON ON ELEMENTARY CAMPUS PLAYGROUNDS, AND WE'VE GOT A COUPLE MORE OF OUR STARS BACK THERE IN THE BACK.
AND SO WE'VE GOT JUAN RAMOS THE EXECUTIVE DIRECTOR OF FACILITIES AND JOHN ORR, THE EXECUTIVE DIRECTOR OF PURCHASING.
AND THEY'VE REALLY BEEN HEADING THIS UP BECAUSE IT IS A FACILITY ISSUE, BUT
[00:25:01]
IT'S ALSO A PURCHASING ISSUE.SO JUST TO GIVE YOU A LITTLE BIT OF AN IDEA AND YOU ARE FAMILIAR WITH THE PUBLIC SPEAKER THAT YOU HAD TONIGHT.
THIS IS THE EXISTING ALDRIDGE LOWER PLAYGROUNDS.
SO MOST OF OUR ELEMENTARY'S HAVE TWO PLAYGROUNDS.
WE HAVE AN UPPER AND A LOWER THIS ONE THAT WE HAPPEN TO HAVE A PICTURE OF RIGHT HERE IS THE LOWER.
THIS IS A PRETTY STANDARD PLAYGROUND IN PLANO ISD.
AND SO OBVIOUSLY WE HAVE THE PLAYGROUND STRUCTURE, WE HAVE THE WOOD CHIP INFILL AND WE'VE GOT A PLASTIC BORDER THAT GOES AROUND THAT REALLY TO HOLD THAT ALL TOGETHER, HOLD THE CHIPS IN.
AS YOU CAN SEE, IT'S NOT REAL ACCESSIBLE.
YOU HAVE ONE ENTRY POINT ON A PLAYGROUND LIKE THIS TYPICALLY HAVE SOME TYPE OF CONCRETE THAT GOES UP TO THE MAIN ENTRANCE.
WOOD CHIPS CAN BE ADA ACCESSIBLE IF THEY'RE PROPERLY MAINTAINED, AND SO THESE ARE RATED AS BEING ADA ACCESSIBLE.
HOWEVER, IT DOES TAKE A LOT OF MAINTENANCE TO KEEP THEM THERE.
YOU CAN SEE SOME OTHER THINGS HERE A LOT OF TIMES IS WE HAVE STUDENTS PLAY WITH THE WOOD CHIPS OR THE WIND BLOWS.
A LOT OF THAT IS NO LONGER WITHIN THE BORDERS AND IT GETS IN THE SURROUNDING AREA.
AND SO, THAT CAN BE SOME CHALLENGES AS WELL.
SO I JUST WANTED TO GIVE YOU SOME HIGHLIGHTS HERE.
AND AGAIN, WE JUST USE ALDRIDGE AS AN EXAMPLE BECAUSE IT'S THE FIRST PLAYGROUND THAT WE'RE LOOKING AT REDOING.
THE UPPER GRADE DOES HAVE A CONCRETE BORDER.
YOU CAN SEE THAT IT DOESN'T HAVE THE PLASTIC.
IT DOES HAVE THE SAME WOOD CHIPS.
AND IT'S GOT A NICE PLAY STRUCTURE THERE AGAIN, PRETTY SIMILAR TO WHAT WE WOULD HAVE DISTRICT WIDE.
SO WE DID HIRE AN ENGINEER, REALLY SOMEBODY THAT'S AN EXPERT AND HE'S ACTUALLY A CIVIL ENGINEER.
WE REALLY KIND OF GOT A DOUBLE BONUS THERE BECAUSE AS WE HIRED HIM AND WE MET HIM ON SITE AND HE'S AN ENGINEER THAT THAT I'M FAMILIAR WITH AND HAVE WORKED WITH A LONG TIME.
BUT HE DOES A LOT OF PLAYGROUND WORK NOW.
HE'S REALLY KNOWN FOR TURFS AND TRACKS AND ALL OF THAT.
BUT THERE'S SOME SIMILARITIES.
BUT AS WE GOT OUT ON SITE HE STARTED TALKING ABOUT HIS OWN CHILD WHO IS IN A WHEELCHAIR.
I THINK HE HAS FOUR OR FIVE CHILDREN, BUT ONE OF THEM IS WHEELCHAIR BOUND.
AND SO HE BROUGHT THIS WHOLE PERSPECTIVE OF WHEN WE'VE TAKEN OUR CHILD TO THE PLAYGROUND.
AND SO WE LEARNED A LOT FROM A PERSONAL PERSPECTIVE THERE.
THE PLAYGROUND RENDERINGS THAT HE HAS COME UP WITH AND WORKING WITH THE PLAYGROUND COMPANY.
SO THIS WOULD BE LOOKING DOWN ON A PLAYGROUND.
YOU CAN SEE THE THE DIFFERENT COMPONENTS AND WE'LL LOOK AT THIS IN A BETTER VISUAL, BUT THIS GIVES YOU AN IDEA OF THE LAYOUT.
YOU CAN SEE THE CLOUD OR THE FALL ZONE.
AND SO THAT WOULD BE MORE OF A TURF THAT IS CUSHIONED WHERE OUTSIDE OF THAT WOULDN'T HAVE TO BE AS CUSHIONED.
AND SO WE'VE GOT DIFFERENT TYPES OF TURF IN DIFFERENT AREAS.
ALSO, YOU SEE THE RAMPS THAT LEAD UP TO THIS.
IT'S A ONE TO 12 RATIO, JUST LIKE ON A SIDEWALK, ON A PLAYGROUND.
AND SO IF YOU WANT TO GET A RAMP THAT GOES UP TWO FEET LIKE TO GET TO THE LOWER LEVEL.
YOU HAVE TO HAVE ABOUT TWENTY FOUR FEET OF RAMP TO GET THERE BECAUSE THE ONE TO 12 SLOPE.
AND SO THAT'S WHAT THIS INCORPORATES, AND I'LL MOVE ON TO GIVE YOU SOME MORE VISUAL.
ALSO, WHAT WE'RE LOOKING AT WOULD ALSO HAVE A SHADE STRUCTURE.
AND SO THAT'S REALLY WHAT THIS IS SHOWING IS A SHADE STRUCTURE THAT WOULD COVER PRETTY MUCH THE ENTIRE SURFACE.
ONE OF THE REASONS FOR THAT IS, WELL, THERE'S A COUPLE OF REASONS.
ONE IS TURF LAST LONGER WHEN IT'S NOT GETTING EXPOSED TO DIRECT SUN.
SUN IS THE NUMBER ONE COMPONENT THAT BREAKS DOWN TURF BECAUSE IT'S LIKE SYNTHETIC FIBERS.
SO TRAFFIC WOULD PROBABLY BE SECOND, BUT FIRST WOULD BE SUNLIGHT.
ALSO, TURF CAN GET VERY HOT UP TO ONE HUNDRED AND SEVENTY DEGREES ON A HOT DAY.
AND SO THE SHADE DEFINITELY HELPS AS FAR AS YOU KNOW, THE TOUCH.
I MEAN, IF YOU'VE EVER BEEN OUT ON A TURF FIELD IN THE MIDDLE OF THE SUMMER, YOU REALIZE REAL QUICK HOW HOT IT GETS.
THESE ARE SOME RENDERINGS THAT WOULD SHOW SO SIMILAR LOOKING PLAYGROUND STRUCTURE.
YOU CAN ALSO IN THE PLAY AREA AND THE SHADE STRUCTURE.
ONE THING THAT IS, AS WE STARTED LOOKING AT REDOING OUR PLAYGROUNDS, WE STARTED LOOKING AT SOME OF OUR NEIGHBORING DISTRICTS.
AND SO WE ARE SEEING THIS TYPE OF PLAYGROUND IN SOME OF OUR NEIGHBORING DISTRICTS.
AND WE CAN TALK MORE ABOUT THAT HERE IN JUST A LITTLE BIT.
BUT THIS REALLY ISN'T SOMETHING WE DREAMED UP.
IT'S KIND OF MORE THE UP AND COMING TYPE PLAYGROUNDS.
AND SO WE REALLY LIKE THE THE TURF FIELD.
THIS TURF HAS SHORTER FIBERS ON IT.
SO IT'S NOT REALLY LIKE THE FOOTBALL FIELD THAT HAS LONG FIBERS.
IT'S A GOOD ALL WEATHER SURFACE, BUT IT'S ALSO EASY FOR WALKERS, WHEELCHAIRS, WHATEVER.
[00:30:01]
ALSO, YOU CAN PUT THESE IN ALMOST AT GROUND LEVEL, AND SO YOU CAN ACCESS THIS PLAYGROUND FROM ANY PART, FROM ANY DIRECTION.YOU CAN COME ONTO THIS PLAYGROUND AT GROUND LEVEL.
YOU ALSO SEE AND JOHN GAVE ME SOME TERMS HERE TODAY AS WELL.
IT DEPENDS ON REALLY THE PLAYGROUND, BUT SO WHAT YOU SEE GOING AROUND IS YOU SEE SOME OTHER PLAY THINGS OTHER THAN JUST THE SLIDES AND, YOU KNOW, THE COMPONENTS THAT YOU SEE ON THE PLAYGROUND.
BUT IN FACT I'M GOING TO HAVE TO PUT MY GLASSES ON TO SEE THIS.
BUT SO YOU'VE GOT SOME GROUND LEVEL ACTIVITY.
SOME OF THESE CAN BE WHAT THEY CALL A MUSIC AREA AN INTERACTIVE PANEL TRANQUILITY CORNER.
THEY'RE ALSO CALLED SENSORY PANELS OR COGNITIVE STATIONS.
AND SO FOR A CHILD, EVEN THAT DIDN'T WANT TO GO UP ON THE HIGHER LEVEL OR WASN'T ABLE TO.
THERE'S OTHER ACTIVITIES ON THE PLAYGROUND THAT THEY COULD ACCESS AND HAVE A GOOD TIME WITH.
YOU CAN SEE THE RAMP HERE THAT WE'RE TALKING ABOUT.
THAT'S MORE ON A ONE TO 12 SLOPE.
AND SO THIS ONE WOULD BE GOING UP TO THE FIRST LEVEL AND THEN A STUDENT THAT COULDN'T TAKE A WHEELCHAIR TO A HIGHER LEVEL THAN COULD BE ASSISTED IF THEY DESIRED TO UP TO OTHER LEVELS.
SO YOU CAN REALLY SEE HOW IT BLENDS IN OVER ON THE SIDE WITH THE GRASSY AREA AT THE SAME LEVEL.
SOME OF THE BENEFITS OF THIS TYPE OF PLAYGROUND, OF COURSE, IS ACCESSIBILITY, LIKE WE TALKED ABOUT ACCESSIBILITY FROM THE MAIN ENTRANCE, BUT ALSO FROM EVERY DIRECTION THE ALL-WEATHER USE THAT IT WOULD ALLOW.
AND SO EVEN ON THOSE BAD WEATHER DAYS, IF IT WASN'T TOO BAD, THEY WOULD HAVE SOME SHELTER WITH THE SHADE STRUCTURE.
AND THEN ALSO THE SURFACE WOULD BE VERY DURABLE IN ANY TYPE OF WEATHER.
AGAIN, THE SHADE STRUCTURE FOR THOSE HOT DAYS AND THEN, YOU KNOW, ONE OF THE BIG BENEFITS OF THIS IS JUST THE COMMUNITY USE.
AS WE WENT AND LOOKED AT OTHER PLAYGROUNDS AND WE WENT THERE ON NON SCHOOL DAYS.
THERE WAS A LOT OF COMMUNITY PEOPLE OVER USING THESE PLAYGROUNDS, AND THAT'S SOMETHING THAT WE CURRENTLY HAVE ON OUR PLAYGROUNDS.
BUT I KNOW WHEN WE BUILT OUR FIRST HOUSE AND HAD A YOUNG DAUGHTER, WE BUILT IT ACROSS FROM AN ELEMENTARY SCHOOL.
SO SHE HAD GOOD ACCESS TO ELEMENTARY, BUT ALSO WE HAD A PLAYGROUND.
WE DIDN'T HAVE TO BUILD OUR OWN IN THE BACKYARD BECAUSE WE HAD A REALLY NICE PLAYGROUND.
AND SO WE USE THAT ALL THE TIME.
BUT THIS CAN ALSO BE REALLY A BIG BENEFIT TO A COMMUNITY AND IN A DISTRICT THAT REALLY NEEDS TO KEEP ATTRACTING YOUNG FAMILIES.
YOU KNOW, IT SEEMS LIKE THIS WOULD BE A BIG BENEFIT TO DO THAT.
WHEN WE LOOK AT THE COST, THESE PLAYGROUNDS ARE DEFINITELY MORE EXPENSIVE THAN THE TYPE OF PLAYGROUND THAT WE'VE BEEN PUTTING IN.
SO WHEN WE JUST ORDERED THE PLAYGROUND STRUCTURE, YOU KNOW YOU'RE LOOKING AT PROBABLY LESS THAN THE 95 BECAUSE THIS ONE HAS THE RAMPS AND ALSO PROBABLY MORE IN THE 50 TO $60,000 RANGE IN A STANDARD PLAYGROUND.
AGAIN, THIS ONE'S HIGHER BECAUSE OF ALL THE RAMPS AND ALL THE OTHER ACCESSORY COMPONENTS THAT WE WERE LOOKING AT ON THE EXTERIOR.
THE SHADE STRUCTURE IS ABOUT FORTY NINE THOUSAND FIVE HUNDRED.
THE SHADE PART HAS A 10 YEAR WARRANTY ON THE ONES THAT WE'VE LOOKED AT ON THE STRUCTURE PART ON THE POLES AND THE METAL PART IT'S MORE OF A 20 YEAR.
AND SO THOSE WOULD LAST QUITE SOME TIME THE ARTIFICIAL TURF AND THE CONCRETE BORDER.
SO THE TOTAL COST WERE PROJECTING ABOUT TWO HUNDRED AND THIRTEEN THOUSAND PER PLAYGROUND.
QUICK QUESTION FOR THE FABRIC SHADE STRUCTURE AND INSTALLATION.
DO WE KNOW HOW MUCH THAT EXTENDS THE USABLE LIFE OF THE ARTIFICIAL TURF? SO TYPICALLY, AND WE'D HAVE TO ASK OUR TURF EXPERT, BUT NORMALLY TURF LAST ABOUT 10 TO 12 YEARS, LIKE ON A FOOTBALL FIELD OR SOMETHING LIKE THAT.
THIS WOULD BE GETTING A LOT OF TRAFFIC, BUT THIS WOULD BE GETTING SHADE.
I THINK HE WOULD TELL US WE'RE PROBABLY IN THE 10 TO 15 YEAR RANGE.
I JUST WONDER, WITH THE COST OF THE SHADE STRUCTURE, I KNOW THERE'S THE ADDITIONAL BENEFIT OF IT KEEPING THE TURF COOL SO THE KIDS CAN USE IT MORE.
BUT LOOKING AT, YOU KNOW, THAT'S THE COST OF REPLACING THE TURF AS WELL.
AND SO JUST IN TERMS OF THINKING LONG TERM COSTS, IS IT BETTER TO REPLACE THE TURF EVERY 10 YEARS RATHER THAN THE TURF AND THE SHADE STRUCTURE, BUT IT'S GOING TO LIMIT STUDENTS USE OF THE PARK.
THEN THAT'D BE SELF-DEFEATING.
I MEAN, THE SHADE STRUCTURE REALLY MAKES IT A LOT BETTER ENVIRONMENT TO PLAY IN ON A SUMMER DAY.
IT GETS VERY HOT OUT THERE ON THE TURF WITHOUT THE SHADE STRUCTURE.
[00:35:03]
WELL, AND THE KIDS AREN'T EXPOSED TO THE BRIGHT SUNLIGHT AND SKIN CANCER AND ALL OF THAT.SO THAT'S ANOTHER REASON TO HAVE THAT SHADE STRUCTURE CORRECT.
RANDY, CAN I ASK ABOUT THE CONCRETE BORDERS? IS THAT CONCRETE BORDERS MEANING LIKE TO KEEP THE TURF DOWN? OR IS THAT CONCRETE BORDERS LIKE A WALL BETWEEN THE OUTER LAYER, LIKE A FENCE TYPE BORDER? YEAH, NO, IT WOULD BE A BORDER THAT SO THAT TURF DOES HAVE TO HAVE SOMETHING THAT YOU TIE IT TO.
AND SO IT WOULD BE STICKING UP A LITTLE BIT.
IT WOULDN'T BE STICKING UP LIKE OUR CURRENT BORDERS BECAUSE OUR CURRENT BORDERS HAVE TO HOLD ALL THE WOOD CHIPS IN.
AND SO IT WOULD BE MORE OF A SURFACE TYPE LEVEL, BUT YOU DO STILL HAVE TO HAVE A BORDER TO REALLY SECURE THE SIDE AND SECURE THE TURF.
AND THEN SO THE PLAYGROUND STRUCTURE, THAT'S JUST ONE STRUCTURE BECAUSE WE SAW TWO DIFFERENT TYPES.
YEAH, SO THIS WOULD BE FOR EACH PLAYGROUND.
SO THEN WE WOULD BE PUTTING TWO.
TWO AT MOST LOCATIONS, WE'RE GOING TO LOCATIONS HERE IN JUST A MOMENT.
ALL RIGHT, SO WE DID INCLUDE IN THE PRESENTATION, SO WE'VE GOT PRETTY MUCH EVERY PLAYGROUND THAT WE HAVE IN THE DISTRICT LISTED BY CLUSTER, SO WE HAVE THE EAST, CENTRAL, AND THE WEST.
SO WHEN WE LOOK AT THESE, I'M SURE NOT GOING TO GO THROUGH THEM ALL.
SOME OF OUR PLAYGROUNDS THAT WE USE, ESPECIALLY FOR UPPER ARE ON CITY PROPERTY.
AND SO WE HAVE A JOINT USE AGREEMENT ON THAT.
MOST OF THOSE WERE INSTALLED BY THE CITY AND THEY'RE MAINTAINED BY THE CITY, BUT WE CAN UTILIZE THEM DURING THE SCHOOL DAY FOR STUDENTS TO ACCESS, FOR PLAYGROUND PURPOSES.
WE DID SHARE THIS PLAN OF WHAT WE'RE LOOKING AT WITH THE CITY.
AND SO THEY ARE VETTING THAT ALSO TO SEE WHAT THEIR OPTIONS MIGHT BE IN THE FUTURE.
BUT THEY ARE AWARE OF WHAT WE'RE PRESENTING TONIGHT.
SO I HAVE A QUESTION ABOUT THAT, ARE YOU SAYING THE ONES THAT ARE HIGHLIGHTED WE WOULDN'T BE PUTTING A STRUCTURE IN THERE BECAUSE THE CITY WOULD HAVE TO DO THAT? YEAH, THOSE ARE LOCATED ON CITY PROPERTY.
AND SO IF WE DID, IT WOULD BE IN SOME PARTNERSHIP, BUT WE WOULDN'T BE DOING THAT JUST ON OUR OWN.
AND SO YOU CAN SEE AND SOME OF THESE LIKE AT WELLS, THOMAS, AND I DON'T WANT TO GET TO CAMPUS SPECIFIC MATHEWS, THEY ACTUALLY HAVE A COUPLE OVER ON THE CITY PROPERTY THAT WE CAN USE, BUT WE ALSO HAVE A LOWER GRADE LEVEL ON OUR PROPERTY THAT WE CAN ACCESS AS WELL.
SO IN THE 2016 BOND, WE DID HAVE SOME PLAYGROUNDS, THE FOUR THAT ARE REMAINING THAT WERE INCLUDED IN THE BOND.
ONE OF THOSE IS ALDRIDGE AND THEN ALSO FORMAN, STINSON AND WYATT.
WE DO HAVE ENOUGH BOND MONEY BY PULLING SOME REMAINING FUNDS THAT WERE LEFT OVER ON OTHER PROJECTS.
WHEN WE PULL THAT IN, WE DO FEEL LIKE WE COULD DO ONE OF THE PLAYGROUNDS, PROBABLY THE LOWER PLAYGROUND AT THESE FOUR CAMPUSES AND.
I'VE GOT A TIMELINE HERE THAT JOHN GAVE ME ON THAT.
THE ONE AT ALDRIDGE, SO WE ALREADY HAD A AN ANNUAL BID IN PLACE TO BUY PLAYGROUND EQUIPMENT.
WELL THAT ANNUAL BID WASN'T BIG ENOUGH TO DO ALL FOUR OF THESE PLAYGROUNDS, BUT WE COULD GO AHEAD AND START WE'D REALLY LIKE TO PILOT ONE OF THEM IF THE BOARD'S IN AGREEMENT WITH US GOING THIS DIRECTION, BUT WE'D LIKE TO PILOT THE ONE AT ALDRIDGE, THAT'S THE ONE THAT WE'VE BEEN LOOKING PRETTY EXTENSIVELY AT.
AND SO THAT EQUIPMENT COULD BE HERE AS SOON AS EARLY DECEMBER AND WE COULD ACTUALLY START AND WE COULD HAVE THAT LOWER GRADE LEVEL PLAYGROUND INSTALLED IF WEATHER AND ALL GOES WELL, PROBABLY BY LATE JANUARY OR NO LATER THAN EARLY FEBRUARY.
SO WE FEEL PRETTY GOOD ABOUT THAT TIMELINE.
IN THE MEANTIME, IF WE LIKE HOW THAT ONE TURNED OUT, THEN WE COULD GO AHEAD AND ORDER THE EQUIPMENT AND BEGIN THE PROCESS.
THE NEXT ONES DO HAVE TO BE BID OUT, AND SO THAT WOULD HAVE TO COME BACK FOR APPROVAL BY THE BOARD.
BUT WE WOULD HAVE A LITTLE BETTER FEEL AND GET TO SEE EXACTLY HOW IT TURNED OUT.
AND THEN THE OTHERS COULD BE COMPLETED IN THE SUMMER OF 22.
SO FOR FORMAN, IT SHOWS THAT THE PLAYGROUND WAS LAST RENOVATED IN 2010, BOTH THE UPPER AND THE LOWER LEVELS.
AND YOU KNOW, THE BOND CALLED FOR THIS IN 2016.
SO IT WAS, IT SEEMS LIKE, A REALLY QUICK TURNAROUND TO BE DOING ANOTHER RENOVATION ON THAT, AND I UNDERSTAND SOME OF THE OTHER LOCATIONS.
IT'S BEEN ALMOST 20 YEARS SINCE THEY'VE BEEN DONE, AND SO JUST CURIOUS ABOUT THE CONDITION AND REMAINING USABLE LIFE OF WHAT'S AT FORMAN.
YEAH, SO I DID ASK THAT QUESTION TODAY.
AND AGAIN, WITHOUT GETTING REALLY SPECIFIC, SOME OF THESE PLAYGROUNDS GET A WHOLE LOT OF COMMUNITY USE, DEPENDING ON WHERE THEY'RE LOCATED, AND SOME OF THEM THEY REALLY ARE
[00:40:04]
THE COMMUNITY PLACE TO HANG OUT.I THINK FORMAN MIGHT BE ONE OF THOSE LOCATIONS THAT JUST GETS A LOT OF USE.
A LOT OF WEAR AND TEAR, WHICH IS GOOD.
WE'RE GLAD THEY'RE USING, THEM BUT WE DEFINITELY SEE SOME OF THESE HAVE MORE OF A 20 YEAR LIFE AND OTHERS MAY HAVE A 10 YEAR LIFE, AND THE MAJORITY OF THAT IS JUST BASED ON USE.
WHAT WOULD HAIL DO TO THAT? WHAT ARE YOU LAUGHING AT? SHADE STRUCTURE, THE SHADE STRUCTURE, JERI IS LAUGHING AT ME.
AND WOULD THAT BE? THAT WOULDN'T BE IN WARRANTY.
THAT WOULD BE UNDER OUR INSURANCE, CORRECT? YEAH.
ASSUMING WE CAN ENSURE THEM, THAT WOULD BE UNDER OUR INSURANCE.
AND WOULD IT? IS IT WHAT DOES HAIL DUE TO A SHADE STRUCTURE? I THINK THERE ARE PROBABLY HAIL RESISTANT, BUT THEY'RE NOT HAIL PROOF.
IF WE GET BASEBALL SIZED HAIL AND YOU KNOW, IT'S GOING TO TEAR UP ANYTHING, YOU KNOW? I MEAN, SOME EXPERIENCE WITH THESE IN THE PAST IS THEY CAN HANDLE SOME SMALLER HAIL.
IF YOU GET INTO LARGE HAIL OR JAGGED HAIL, THEY'RE GOING TO, IT'S GOING TO DO SOME DAMAGE.
ANY OTHER QUESTIONS? ANY OTHER THOUGHTS? DO Y'ALL LIKE THE CONCEPT.
WELL, I WILL SAY ONE THING WHEN I TALK TO KIDS, THEY ALL WANT SWINGS.
BUT I KNOW THAT'S LIABILITY, BUT THEY ALL WANT SWINGS.
TYRA CAN PROBABLY SPEAK TO THIS, AS WELL AS A FATHER OF A TWO YEAR OLD AND ANOTHER ONE ON THE WAY.
THESE PARKS, I DIDN'T ALWAYS HAVE A LOT OF VALUE IN THEM BECAUSE I OBVIOUSLY DIDN'T FREQUENT THEM.
BUT NOW WITH A TWO YEAR OLD, IT'S AWESOME AND YOU MEET OTHER PARENTS.
THERE'S COMMUNITY BUILDING AND SO IMPROVING AND HAVING BETTER PARKS.
I THINK THAT IS IMPORTANT FOR A VARIETY OF REASONS, AND I'M VERY INTERESTED TO SEE HOW THIS PROCEEDS.
I'LL AGREE AND JUST SAY THAT, YOU KNOW, WE SPEND A LOT OF TIME AT THE SCHOOL IN OUR NEIGHBORHOOD AS WELL AS A CITY PARK IN OUR NEIGHBORHOOD SORT OF ROTATING THROUGH.
AND YOU KNOW, IF YOU ASK MY FIRST GRADER WHAT HIS FAVORITE THING ABOUT SCHOOL IS, IT'S RECESS.
AND WHEN YOU LOOK AT THESE KIND OF STRUCTURES, YOU KNOW, MY HOPE FOR THE COMMUNITY AND FOR OUR KIDS WOULD BE THAT EVERY CHILD HAS A FULFILLING EXPERIENCE ON THESE PLAYGROUNDS, RIGHT ON OUR PLAYGROUNDS.
AND IF WE HAVE BARRIERS TO CHILDREN HAVING A FULFILLING EXPERIENCE BECAUSE THIS IS A BIG PART OF ELEMENTARY EDUCATION, THIS IS THEIR TIME TO BLOW OFF STEAM, TO GET SOME OF THEIR ENERGY OUT, TO HAVE SOME, SOME PERSONAL FULFILLMENT DURING THE DAY.
AND SO ONE THING I REALLY LIKE ABOUT THESE PLAYGROUND STRUCTURES IS THAT NOT ONLY ARE THEY MORE ACCESSIBLE FOR STUDENTS WITH PHYSICAL DISABILITIES, BUT WHEN YOU LOOK AT THE OTHER ENRICHMENT ACTIVITIES, YOU'RE TALKING ABOUT KIDS WHO MAY BE ON THE AUTISM SPECTRUM OR HAVE DIFFERENT NEURODEVELOPMENTAL, YOU KNOW, WE'RE ALL WIRED A LITTLE BIT DIFFERENT.
SO SOME KIDS MAY PREFER ONE ENRICHMENT ACTIVITY OVER JUST CLIMBING AND SLIDES.
THEY MAY LIKE THE MUSIC ACTIVITY OR SOME OF THE OTHER ENRICHMENT ACTIVITIES THAT ARE ON HERE.
AND SO IF YOU THINK ABOUT, YOU KNOW, GIVING KIDS THE WIDEST VARIETY OF ENRICHMENT ACTIVITIES IN THIS SORT OF PIVOTAL POINT OF THEIR DAY, I THINK THIS IS A GREAT IMPROVEMENT OVER WHAT WE CURRENTLY HAVE, NOT ONLY FROM AN ACCESSIBILITY STANDPOINT, BUT JUST IT'S BETTER QUALITY FOR THE KIDS.
AND I THINK AS WE CONSIDER VARIETY AND, YOU KNOW, NOT NECESSARILY HAVING THE SAME THING AT EVERY SINGLE CAMPUS, I THINK JACK CARTER PARK AND WINDHAVEN MEADOWS PARK THAT ARE CITY PARKS HAVE SOME AMAZING EXAMPLES OF DIFFERENT LEVELS OF ACCESSIBILITY, DIFFERENT ACTIVITY STATIONS AND SENSORY STATIONS THAT YOU KNOW SOME GREAT EXAMPLES TO CONSIDER WHEN THINKING AHEAD.
I'D ALSO BE CURIOUS TO KNOW BECAUSE THE WOOD CHIPS I'VE ALWAYS WONDERED ABOUT LIKE BUGS AND DIRT AND SORT OF THE CLEANLINESS UPKEEP OF THOSE WOOD CHIPS.
AND IF THE TURF IS MAYBE, YOU KNOW, LESS LIKELY TO GET BUGS OR RODENTS OR HAVE LIKE, IS THIS A MORE SANITARY OPTION? JUST ANOTHER, YOU KNOW, QUESTION I WANT TO KNOW ABOUT THE TURF.
IT'S NOT REALLY A SURFACE THAT THINGS LIKE TO GROW ON NATURALLY.
SO, YES, WE THINK IT'S MUCH MORE CLEANLY IF MAINTAINED PROPERLY.
I WAS WONDERING BECAUSE FERAL CATS, WOULDN'T THAT DISTURB THE TURF OR NO?
[00:45:02]
CATS.FERAL CATS, BECAUSE, YOU KNOW, WE I SEE JUST AT A CATHOLIC SCHOOL I WAS AT, YOU KNOW, WE HAD A LOT OF FERAL CATS THAT COME IN AND, YOU KNOW, WE HAD TO BRING IN, WE HAD TO REDO THE PLAYGROUND AND WE HAD TO YOU KNOW, REDO THE GROUNDS.
AND I DON'T REMEMBER, BUT WE HAD TO PUT IN NEW GROUNDING.
SO IS THIS GOING TO BE A CONCERN WITH THE TURF THAT WE HAVE LIKE PETS AND ANIMALS.
WELL WE DON'T EVER LIKE PETS ON TURF THAT DOESN'T NORMALLY GO WELL.
BUT I MEAN, AS FAR AS THEM DIGGING THROUGH IT, I'VE NEVER HEARD OF THAT BEING AN ISSUE WITH TURF.
I WOULD ADD AND MAYBE IT'S A COMPLETELY DIFFERENT PRODUCT, BUT A LOT OF PEOPLE ARE PUTTING TURF IN THEIR BACKYARDS FOR PETS.
WE HAVE AN AREA IN OUR BACKYARD NOW FOR OUR PUPPY, AND I WILL JUST SAY THAT IT IS FABULOUS.
IT'S VERY CLEAN AND IT'S DEFINITELY GOTTEN GREAT USE.
SO I DON'T KNOW IF THAT'S A DETERRENT OR NOT.
I THINK IT MAY ACTUALLY BE A POSITIVE THING.
I WOULD THINK THAT FERAL CATS WOULD BE MORE ATTRACTED TO THE WOODCHIPS BECAUSE THEY CAN BURY THINGS IN THAT.
YEAH, I WOULD THINK THE TURF, LIKE YOU SAID, CAN BE POWER WASHED DOWN.
HAVING THE PARKS ARE SUCH AN INCREDIBLE PART OF COMMUNITY, AND I DIDN'T EVEN THINK ABOUT IT YESTERDAY, BUT I WAS WALKING THE PUPPY AND THERE WAS WE HAVE A LARGE GROUP OF BOYS IN OUR NEIGHBORHOOD AND I STOPPED TO TALK TO ONE WHO I HAVE GOTTEN THE BENEFIT OF TUTORING AT WELLS, AND THEY'RE ALL GATHERING AND I SAID, WELL, WHERE ARE YOU ALL HEADED? BECAUSE THEY WERE ALL ON THEIR BIKES AND THEY WERE ALL GATHERING TOGETHER AND LIKE, THEY LOOKED AT ME LIKE, DUH.
AND I ASKED HIM ABOUT HIS SCHOOL DAY BECAUSE THIS IS RIGHT AFTER SCHOOL.
WE GOT TO GO TO WELLS PARK, SO THEY'RE GOING BACK TO THE PLACE THAT THEY'D SPENT THE ENTIRE DAY BACK TO PLAY.
AND I THINK THAT SPEAKS VERY LOUDLY FOR OUR CAMPUSES BEING ASSESSABLE IN MANY WAYS FOR ALL KIDS, SO I'M EXCITED ABOUT THIS AND LOOK FORWARD TO SEEING THE MODEL AND HOPING THAT WE CAN FIGURE OUT HOW TO HAVE THIS AND ALL.
AND THE OTHER PIECE I WAS GOING TO SAY IS ANOTHER SHOUT OUT TO OUR PARTNERSHIP WITH THE CITY AND THE LONG TERM PLAN THAT THE CITY HAS.
IF YOU SEE HOW OUR SCHOOLS AND OUR PARKS AND OUR CITY LAND ARE COMBINED AND JOINED, IT SPEAKS SO GREATLY TO OUR PLANNERS WHO HAVE MADE A GREAT PLAN A LONG TIME AGO FOR THE BENEFIT OF ALL OF US.
I WOULD LIKE TO ALSO SAY THAT WE DID TAKE THIS TO A PRINCIPAL COMMITTEE BECAUSE WE DIDN'T WANT TO BRING IT FOR Y'ALL TO LOOK AT AND THE PRINCIPALS GO, WE HATE THAT IDEA.
I WOULD SAY THE PRINCIPALS LOVED IT.
THAT WAS PROBABLY THE MOST EXCITED I'VE SEEN A GROUP OF PRINCIPALS IN A VERY LONG TIME AND THEY'RE LIKE, WOW, REALLY, WE MIGHT GET THESE.
SO THAT WAS GOOD TO SEE, BUT THEY REALLY SAW THE BENEFITS AS WELL.
YES, I'M REALLY GLAD THAT WE PUT SHADES OVER THERE BECAUSE I THINK THE PARENTS ARE GOING TO APPRECIATE THE SHADES.
AND SO, YOU KNOW, CONSIDERING THAT I HAD KIDS WHO WENT TO HICKEY, YOU KNOW, AND WE WENT TO THOSE PARKS, YOU KNOW, AT COLDWATER CREEK, THOSE PARKS, YOU KNOW, THE CITY DID A REALLY GOOD JOB DESIGNING THE PARK NEXT TO THE SCHOOL AND OUR SCHOOL PLAYGROUNDS WERE REALLY GOOD AT THE TIME.
BUT I THINK THAT NOW AS I SEE THE AGING OF OUR PLAYGROUNDS, THAT THIS DESIGN IS VERY GOOD FOR THE CURRENT MODEL FOR OUR PLAYGROUNDS.
SO IT'S, I WOULDN'T SAY, VERY RARE IN GOVERNMENT, BUT SOMEWHAT RARE WHEN YOU CAN GET A WIN WIN WIN AND IT SOUNDS LIKE ALL THE WAY AROUND A WIN, THIS IS SOMETHING THAT CAN IMPROVE OUR CAMPUSES, IMPROVE THE EXPERIENCE OF OUR STUDENTS, IT CAN IMPROVE COMMUNITIES AND IT CAN BRING US TO THE EXTENT THAT WE NEED TO BE MORE COMPETITIVE IN TERMS OF THE VISUALS OF OUR PARKS THAN OUR NEIGHBORS.
YOU KNOW, I WILL SAY I WILL ECHO ANGELA'S COMMENT REGARDING THE SHADE.
YOU KNOW, WE'VE BEEN APPROACHED OVER THE YEARS BY PTA'S WHO WANTED TO FUND SHADES OVER PARKS, AND WE REJECTED THAT FOR EQUITY REASONS.
NOW, IF ALL OF OUR CAMPUSES CAN HAVE SHADES I THINK THAT THAT'S A REAL BENEFIT.
AND ANYBODY WHO HAS BEEN IN TEXAS FOR ANY PERIOD OF TIME, ACTUALLY FOR JUST ONE SUMMER KNOWS HOW IMPORTANT THAT SHADE IS GOING TO BE.
I WOULD TELL YOU THAT MY ONLY COMPLAINT ABOUT THIS PLAN IS THAT IF YOU FINISH CONSTRUCTION ON A PARK ON FEBRUARY 1ST, YOU'RE GOING TO TORTURE THOSE KIDS BECAUSE THEY'RE NOT GOING TO BE ABLE TO GO OUTSIDE AND PLAY ON THAT PLAYGROUND UNTIL THE SPRING TIME.
AND SO AS SOMEBODY WHO WAS IN ELEMENTARY SCHOOL WHEN A NEW PLAYGROUND CAME IN, I CAN TELL YOU THAT'S GOING TO BE IT'S GOING TO BE PRETTY HARD FOR THEM TO WITHSTAND.
DAVID, THEY'LL BE OUT THERE IN SHORTS.
[00:50:01]
THEY WILL.AND THE OTHER THING WE'LL SAY, I THINK THE OTHER WIN IS EXCEPT FROM AN ACCESSIBILITY STANDPOINT TO HAVE ALL OF OUR KIDS BE ABLE TO HAVE AN OPPORTUNITY TO PLAY WITH THEIR FRIENDS.
THERE'S A GREAT COMMERCIAL THAT'S OUT RIGHT NOW ABOUT SOME BOYS PLAYING BASKETBALL, AND THERE'S A LITTLE BOY IN A WHEELCHAIR ON THE FRONT PORCH JUST WATCHING THEM.
AND THEN ALL THE BOYS WENT AND GOT SOME KIND OF SCOOTER OR BIKE OR SOMETHING SO THAT THEY COULD ALL BE EQUITABLE AND PLAY BASKETBALL TOGETHER.
AND IT'S VERY HEARTWARMING VIDEO AND GREAT OPPORTUNITY FOR OUR KIDS TO HAVE A CHANCE TO EXPERIENCE THAT ON ALL OF YOU KNOW HOPEFULLY EVERYWHERE EVENTUALLY.
IT WILL, YOU KNOW, ENHANCE THE EDUCATIONAL EXPERIENCE, THE SCHOOL DAY EXPERIENCE FOR ALL OF OUR STUDENTS.
ANY OTHER QUESTIONS, COMMENTS, COMPLAINTS, QUERIES, CONCERNS? ALL RIGHT.
WE HAVE A SURPRISE GUEST HERE.
NEXT, THE BOARD WILL HEAR A REPORT ON DEBT MANAGEMENT AND FUTURE PLANNING.
AGAIN, TO BE PRESENTED BY RANDY, BUT FIRST INTRODUCED BY OUR SUPERINTENDENT.
IT IS LIKE A SHOW, SO IT'S OUR PLEASURE TONIGHT TO REALLY KIND OF TALK ABOUT SOME OF THE IMPORTANT THINGS RELATED TO OUR DEBT MANAGEMENT, IN THE PLANO INDEPENDENT SCHOOL DISTRICT.
AND YOU KNOW, THIS IS A LEGACY OF PLANO ISD AND WE HAVE MANY AND ONE IS, YOU KNOW, EXCELLENCE THAT'S A HALLMARK OF PLANO ISD AND IT'S ON THE ACADEMIC SIDE, BUT IT'S ALSO ON THE FINANCIAL SIDE.
AND SO, YOU KNOW, TO HAVE, YOU KNOW, WE HAVE THE AUDIT, WHICH SHOWS, YOU KNOW, THE LAST YEAR OF FINANCIAL ACCOUNTABILITY, BUT THEN YOU HAVE DEBT MANAGEMENT, WHICH IS THE LONG TERM ACCOUNTABILITY FOR THE RESOURCES THAT WE HAVE, THAT OUR COMMUNITY HAS AUTHORIZED US TO HAVE.
AND SO, YOU KNOW, I THINK JOHNNY MIGHT WEIGH IN AT SOME POINT ON THIS.
BUT WHEN YOU ARE COMING INTO A DISTRICT AND YOU START TO STUDY THE FINANCIALS OF THE DISTRICT AS A NEW CFO AND YOU LOOK AT THE THE STORY THAT'S GOING TO UNFOLD TONIGHT.
LOOK AT JOHNNY JOHNNY'S HAPPY.
AND SO IT'S IMPORTANT TO NOT ONLY JUST UNDERSTAND THE DEBT THAT WE'VE UNDERTAKEN TO MAINTAIN THE LEGACY OF EXCELLENCE OF THIS DISTRICT AND ITS FACILITIES THAT DELIVER THE OUTSTANDING PROGRAMS AND SERVICES TO STUDENTS AND FAMILIES.
BUT THEN TO UNDERSTAND THE STEWARDSHIP THAT THE BOARD, THIS BOARD AND PAST BOARDS AND PAST ADMINISTRATIONS HAVE REMAINED COMMITTED TO FINANCIAL ACCOUNTABILITY, STEWARDSHIP AND WISE FINANCIAL MANAGEMENT.
AND SO I THINK THIS IS GOING TO BE A VERY GOOD INFORMATION REPORT.
I THINK WE'RE ON THE WRONG SLIDE DECK RIGHT NOW.
WE'RE STILL NOT READY FOR HILLTOP, ALTHOUGH WE'RE GETTING CLOSE.
AND WE NEED THE ONE THAT'S THE PLANO ISD, THE ONE THAT SAYS DEBT MANAGEMENT AND FUTURE PLANNING BECAUSE WE HAVE [INAUDIBLE].
RANDY HAS SOME VERY IMPORTANT SLIDES TO TALK ABOUT BEFORE WE TURN IT OVER TO HILLTOP.
WE HAVE A SLIDE DECK WITHIN A SLIDE DECK, SO.
I DON'T KNOW IF YOU WANT TO START TALKING.
SO WE WERE JUST GOING TO GIVE YOU SOME OF THE BASICS ON SCHOOL DEBT, AND I'M SURELY BETTER WITH THE SLIDE.
WHILE WE'RE WAITING, CAN I SAY ONE THING? OK? PLEASE, I JUST WANT TO JUMP IN BECAUSE YOU LOOKED DOWN AT ME WHEN WE STARTED TALKING ABOUT DEBT MANAGEMENT.
I WILL SAY I'VE HAD AN OPPORTUNITY TO ACTUALLY STUDY THE OUTSTANDING DEBT AND PROPERTY VALUES IN THIS ENTIRE AREA QUITE A BIT OVER THE LAST COUPLE OF YEARS.
I'VE BEEN INVOLVED IN A BOND PROPOSITION.
I WILL SAY THIS THE STANDARD OUT THERE FOR DEBT MANAGEMENT IS PLANO ISD AND EVERYBODY ELSE COMPARES THEMSELVES TO PLANO ISD.
THEY'RE NOT QUITE ABLE TO GET THERE, BUT I WILL SAY PLANO ISD IS THE BENCHMARK WHEN IT COMES TO DEBT MANAGEMENT, AND IT'S NOT SOMETHING THAT HAPPENS OVERNIGHT.
THAT IS AN EXTENDED YEAR PROCESS TO GET THERE.
BUT OBVIOUSLY PLANO HAS BEEN ABLE TO DO THAT AND SUSTAIN THAT FOR A VERY LONG TIME.
OK, LAURA, A COUPLE OF SLIDES, THEN WE'LL GET TO YOUR PART, LAURA'S GOT THE REALLY
[00:55:01]
EXCITING NUMBERS.IT EXCITES US FINANCE PEOPLE ANYWAY.
SO JUST TO HELP ON UNDERSTANDING THE SCHOOL DEBT, AS YOU KNOW, WE HAVE TWO DIFFERENT TAX RATES.
AND SO THE INTEREST AND SINKING ONE HUNDRED PERCENT OF THOSE OF THAT TAX DOES STAY WITHIN THE DISTRICT AS COMPARED TO THE M&O TAX RATE.
THAT'S LIMITED ANYWAY, BUT ONLY ABOUT 70 CENTS ON THE DOLLAR OF THAT STAYS WITHIN THE DISTRICT.
CURRENTLY, ABOUT 30 CENTS, OR 30 PERCENT OF THAT DOES GO TO PAY RECAPTURE, AND THAT'S ANOTHER STORY WE DON'T HAVE TO TALK ABOUT THAT TONIGHT.
BUT JUST SO YOU KNOW, IT'S TO THE BENEFIT OF ANYTHING THAT WE CAN PUT ON THE I&S SIDE BECAUSE AN I&S TAX, WE DO KEEP ONE HUNDRED PERCENT OF THAT.
THE MORE PROPERTY WEALTHY YOU ARE, THE LARGER THE ADVANTAGE IS, IS TO TRY TO CAPITALIZE AND PUT THINGS INTO A BOND OR ONTO THE I&S SIDE.
THE I&S TAX IS ONLY TO PAY THE PRINCIPAL AND INTEREST ON OUTSTANDING BONDS AND RELATED FEES.
SO WE CAN'T USE THAT FOR ANYTHING ELSE.
IT IS STRICTLY WE ISSUE BONDS AND WE CAN PAY THE COST OF THOSE BONDS OR THE PRINCIPAL AND INTEREST ON THOSE IN SOME RELATED FEES.
OR AT LEAST WHEN YOU GO OUT, GO OUT FOR DEBT, YOU'VE GOT A 50 CENT [INAUDIBLE] THAT YOU HAVE TO MEET.
THERE ARE CIRCUMSTANCES WHERE YOU CAN GO ABOVE THAT, BUT AS A GENERAL RULE, IT IS A 50 CENT CAP AND OUR CURRENT RATE IS TWENTY SIX POINT NINE, AND WE'RE GOING TO SHOW YOU HOW THAT COMPARES TO SOME OTHER DISTRICTS.
AND THAT'S NOT ANY NEW INFORMATION OF THE BOARD.
YOU'VE SEEN THAT, BUT WE'RE GOING TO COVER IT AGAIN.
SO WE'RE CURRENTLY JUST UNDER TWENTY SEVEN CENTS AT TWENTY SIX POINT NINE.
ON THE M&O SIDE, THE M&O TAX IS TO PAY OPERATIONAL COST OF THE DISTRICT.
NOW THERE ARE WAYS YOU CAN INCUR DEBT ON THE M&O SIDE ALSO, BUT IT'S NOT NEARLY AS ADVANTAGEOUS AS IT IS IF IT'S ON THE DEBT SERVICE SIDE.
FOR THE REASONS THAT WE TALKED ABOUT.
THE M&O RATE IS CURRENTLY LIMITED TO ONE POINT ZERO EIGHT THREE FOUR AN OUR HERE AT PISD OUR CURRENT RATE IS ONE POINT ZERO FIVE ONE SEVEN FIVE, SO WE'RE MORE THAN THREE CENTS UNDER.
I THINK IT'S THREE POINT ONE FOUR CENTS UNDER THE CAP OF WHAT IT COULD BE.
SO WE BROUGHT YOU SOME OF THIS INFORMATION BACK WHEN WE WERE PROPOSING OUR M&O TAX RATE AND OUR I&S TAX RATE.
BUT IF YOU LOOK AT ALL THE DISTRICTS IN COLLIN COUNTY, PLANO ISD HAS THE LOWEST I&S RATE.
SO MANY OF THE DISTRICTS ARE AT THE 50 CENT OR CLOSE TO FRISCO IS CLOSE TO OUR RATES.
[INAUDIBLE] AND FRISCO ARE JUST RIGHT THERE TOGETHER AT ABOUT 27 CENTS.
BUT YOU CAN SEE WE OBVIOUSLY HAVE A LOT OF DEBT CAPACITY THERE.
IF THE DISTRICT DECIDED TO, BUT FORTUNATELY WITH WHAT LAURA IS GOING TO SHARE, THIS REALLY ISN'T EVEN AN ISSUE WITH US THAT WE'RE ABLE TO GENERATE AT TWENTY SEVEN CENTS, YOU KNOW, JUST ABOUT ANY FUTURE DEBT THAT THE DISTRICT MIGHT LOOK AT.
WE DO HAVE SOME REALLY GOOD POLICIES THAT GOVERN THE WAY THAT WE MANAGE OUR DEBT SIDE.
AND SO WE DO HAVE THE STANDARD, CCA LOCAL POLICY THAT REALLY JUST TALKS ABOUT HOW WE MAIN DISTRICT'S FINANCIAL STABILITY, PROVIDE DEBT MANAGEMENT FLEXIBILITY THAT WE DO MATCH OUR DEBT TO THE ASSETS.
SO WE'RE NOT GOING OUT AND BUYING COMPUTERS THAT ARE GOING TO LAST FIVE YEARS AND FINANCING THEM OVER 10.
I MEAN, THE SAME BUSINESS DECISIONS THAT YOU'D WANT TO MAKE ON A PERSONAL BASIS ARE THINGS THAT WE'D WANT TO LOOK AT HERE.
WE WANT TO PRESERVE PUBLIC TRUST.
WE WANT TO STRUCTURE DEBT TO MINIMIZE INTEREST COSTS, AND THAT IS REALLY WHAT PLANO HAS DONE SO WELL.
WE WANT TO PRESERVE ACCESS TO CAPITAL MARKETS, DEMONSTRATE ADMINISTRATIVE OVERSIGHT OF DEBT PROGRAMS TO CREDIT RATING AGENCIES, AND WE'LL TALK MORE ABOUT THAT IN JUST A MINUTE.
IF YOU'LL RECALL, I THINK IT WAS ABOUT THREE YEARS AGO, WE WENT AND WE WORKED WITH HILLTOP AND WE DEVELOPED A REGULATION, SO ONE THING THAT BOND UNDER.
I'M SORRY THAT FINANCIAL RATING AGENCIES REALLY LIKE IS A GOOD DEBT MANAGEMENT PLAN.
AND SO WHEN WE LOOKED AT THAT, WE FELT LIKE THAT WAS A BETTER PLACE THAN A REGULATION, AND SO I'VE GOT A COPY OF THAT REGULATION.
SO THAT'S WHERE WE REALLY SPELLED OUT THE SCENARIOS.
WE REALLY GAVE THE PARAMETERS ON HOW DEBT COULD BE ISSUED IN PLANO ISD.
AND IT REALLY, I MEAN, A LOT OF THAT, THOSE WERE THINGS THAT WERE ALREADY HAPPENING.
WE JUST SOLIDIFIED THOSE AND GOT THEM INTO REGULATION.
AND SO MAYBE THAT CAN BE PASSED ON TO FUTURE GENERATIONS, BUT IT'S REALLY BEEN A STANDARD HERE IN PLANO.
SOME OF THOSE THINGS THAT WE INCLUDED IN THAT REGULATION.
I'LL JUST HIT SOME HIGHLIGHTS HERE TO MAINTAIN FINANCIAL STABILITY AGAIN, TO PRESERVE PUBLIC TRUST, BUT WE BETTER DEFINE THAT PROVIDE SUFFICIENT DEBT CAPACITY FOR CURRENT
[01:00:01]
AND FUTURE CAPITAL NEEDS OF THE DISTRICT, PROVIDE FINANCIAL FLEXIBILITY THROUGH THE STRUCTURE OF THE DEBT, MINIMIZE DISTRICT'S INTEREST AND FINANCING COSTS.AGAIN, THAT'S SOMETHING WE DO REALLY WELL, COMPLY WITH ALL STATE AND FEDERAL LAWS.
AND AGAIN, THESE ARE JUST SOME HIGHLIGHTS OUT OF 12 PAGES OF REGULATION THAT WE WOULDN'T ON SHORT TERM CAPITAL IMPROVEMENT PROJECTS, WE WOULDN'T FINANCE THOSE FOR MORE THAN 10 YEARS.
ON LONG TERM CAPITAL PROJECTS WITH THE USEFUL LIFE OF MORE THAN 10 YEARS, WE WOULDN'T DO THOSE MORE THAN 20.
SO WE'RE NOT LOOKING AT ISSUING ANY BONDS THAT ARE MORE THAN 20 YEARS.
SO MOST SCHOOL DISTRICTS AND LAURA CAN TALK ABOUT THIS BETTER THAN I CAN.
BUT MOST DISTRICTS, WHEN YOU LOOK AT THEIR DEBT, THEY ARE ISSUING 30 YEAR BONDS OR EVEN UP TO 40 YEAR BONDS.
AND SO WE HAVE IN OUR REGULATION THAT WE WON'T ISSUE ANYTHING MORE THAN 20.
AND WE'RE VERY CAPABLE OF DOING THAT AND LIVING WITHIN THOSE PARAMETERS.
WE ALSO WILL SEEK TO REPAY OUR DEBT OBLIGATIONS EXPEDITIOUSLY WITHIN THE DISTRICT'S OVERALL FINANCIAL OBJECTIVES AND THE USEFUL LIFE OF THE PROJECT FINANCE AND THE SOURCE OF REPAYMENT.
IN NO CIRCUMSTANCES WILL THE DISTRICT AMORTIZE ITS DEBT OBLIGATIONS FOR A PERIOD LONGER THAN THE EXPECTED LIFE.
SO ALSO AS THE BOARD'S FAMILIAR WHEN WE TALK ABOUT FINANCIAL RATINGS, SO WE DO OBTAIN THE HIGHEST FINANCIAL RATING, BOTH FROM MOODY'S AND STANDARD AND POOR'S.
AT LEAST LAST YEAR, AND I DON'T KNOW IF IT'S CHANGED LAURA, BUT WE WERE ONE OF FOUR DISTRICTS IN THE STATE THAT OBTAINED THE HIGHEST RATING FROM BOTH RATING AGENCIES COMBINED.
SO WE'RE IN A PRETTY ELITE GROUP WHEN IT COMES TO FINANCIAL BOND RATING.
AND SO THIS REALLY HELPS US WHEN WE GO OUT FOR BOND ISSUANCES TO OBTAIN BETTER RATES THAN MOST DISTRICTS CAN OBTAIN.
SO RANDY, WE'VE DONE THAT FOR A NUMBER OF YEARS.
DO YOU HAVE ANY IDEA HOW MANY YEARS WE'VE HAD BOTH THE HIGHEST RATINGS? I DO NOT.
WE OUGHT TO LOOK AT THAT BECAUSE I THINK WE HAVE SOME.
SO WE'LL SEE IF WE CAN MOVE TO NUMBER ONE ON THE LIST.
YEAH, WE'VE BEEN DOING IT FOR THE LONGEST.
SO JUST ONE QUICK COMMENT, RANDY, ON THE REGULATIONS JUST FOR THE BENEFIT OF THE REST.
SO EVERYBODY UP HERE, SO FIVE YEARS AGO WHEN WE LOOKED AT DEBT LAST TIME, THE BOARD CAME UP WITH THESE KIND OF GUIDING PRINCIPLES IN TERMS OF WHAT OUR REGULATIONS WOULD BE AND THE IDEAS OF TO BE GOOD FINANCIAL STEWARDS.
WE WANT TO MAKE SURE THAT, YOU KNOW, FOR EXAMPLE, WE ARE PAYING DEBT OFF PRIOR TO THE USEFUL LIFE OF THE ASSET THAT WE'RE FINANCING.
AND SO THINK THROUGH THOSE THINGS, FELLOW BOARD MEMBERS, AND IF THERE ARE THINGS THAT WE NEED TO HAVE CONVERSATIONS ABOUT CHANGES OR ANYTHING LIKE THAT, THIS IS AN OPPORTUNITY FOR YOU TO DO SO.
BUT IT WAS IMPORTANT FOR US FIVE YEARS AGO TO PUT THIS IN WRITING SO THAT FUTURE BOARDS, WHEN HAVING THIS CONVERSATION WOULD HAVE THAT GUIDANCE BEFORE THEM TO START FROM.
SO LET ME ASK THIS QUESTION BECAUSE I'VE HAD THE GOOD FORTUNE OF GETTING TO RUN IN THE LAST TWO ELECTIONS AND BOTH TIMES THERE WAS ALWAYS A RUMBLE COMING FROM PEOPLE ABOUT CRITICAL OF US, WE'RE I MEAN, LIKE HOW LIKE.
AND IT DUMBFOUNDED ME THEN AND NOW HEARING REALLY, TRULY THE ACCOLADES AND THE WORK THAT WE'VE DONE AND TO YOUR POINT, DAVID, IN THE LAST FIVE YEARS.
I MEAN, WHERE IS WHERE DOES THAT, HOW DO WE RESPOND LIKE? I MEAN, AND MY AM I THE ONLY ONE THAT HAS AND YOU ARE ALL STARING AT ME? SO AM I THE ONLY ONE THAT HAS HEARD THAT OR AM I WHAT? BUT I MEAN, OUR TAX RATE HAS STAYED RELATIVELY.
I MEAN, YOU'VE SEEN IT COMPARED TO.
SO, YOU KNOW, YOUR TAX BILL IS THE GROUND BALL.
I MEAN, EVERYBODY FEELS THE TAX BILL, RIGHT? I MEAN, YOU OWN PROPERTY AND PROPERTY VALUES RISE.
AND EVEN IF TAX RATES ARE STAYING STEADY OR EVEN DROPPING, THE TAX BILL CAN STILL GO UP BECAUSE PROPERTY VALUES RISE.
SO, YOU KNOW, YOU TALK ABOUT APPRAISALS, BUT YOU ALL CHIME IN.
BUT I THINK THAT'S PART OF THE REASON OF GRUMBLES, RIGHT? WELL, JERI, I'D SAY ALSO, I THINK AT LEAST THE FIRST ELECTION THAT I WAS IN AND YOU WERE IN AT THAT TIME, BONDS WERE NOT SEPARATED OUT INTO SEPARATE PROPOSITIONS.
AND I THINK THERE ARE A LOT OF PEOPLE IN THE PUBLIC THAT DIDN'T LIKE THAT BECAUSE MAYBE THEY AGREED WITH PART OF A BOND, BUT NOT ANOTHER PART.
AND I BELIEVE NOW THE LAW IS THAT THEY ARE BROKEN UP INTO DIFFERENT PROPOSITIONS.
AND SO I THINK THAT'S TAKEN A LOT OF THE ANIMOSITY OUT OF THE BOND PROCESS.
BUT I THINK AT LEAST DURING THE ELECTION THAT I WAS IN, YOU KNOW, THAT WAS A SOURCE OF FRUSTRATION FOR THE PUBLIC THAT THEY DID WANT TO.
THEY UNDERSTAND MORE BUSSES AND THEY UNDERSTAND A LOT OF THINGS.
AND THEN THERE WERE OTHER THINGS THAT THEY DIDN'T NECESSARILY SUPPORT, BUT YOU COULDN'T GET ONE WITHOUT THE OTHER.
I JUST WANTED TO LOOP BACK TO DAVID'S COMMENT ABOUT PUTTING THIS IN POLICY.
NOT ONLY DOES IT HELP THOSE OF US WHO ARE NEWER UNDERSTAND WHAT THE DISTRICT
[01:05:04]
STRATEGY IS.IT GOES BACK TO TRANSPARENCY, WHICH WE HAVE THIS CONVERSATION ABOUT, THAT THE TAXPAYERS AND THE PUBLIC CAN LOOK UP AND UNDERSTAND.
WE'RE NOT, AS RANDY SAID, TAKING OUT A 40-YEAR BOND ON SOMETHING THAT'S NOT EVEN GOING TO LAST US 40 YEARS.
YOU KNOW, WE'RE NOT PAYING INTEREST ON SOME SORT OF CAPITAL ASSET THAT IS NO LONGER EVEN BEING USED BY THE DISTRICT, RIGHT? AND SO I JUST THINK THAT THAT'S AN IMPORTANT THING TO THINK ABOUT THAT NOT ONLY IS IT FOR CONTINUITY OF THE STRATEGY, BUT ALSO TRANSPARENCY FOR THE COMMUNITY.
WELL, I THINK WE HAD HEARD A LOT OF THE GRUMBLINGS THAT JERI IS REFERRING TO, AND WE MADE IT INTENTIONAL TO GET THESE REGULATIONS DOCUMENTED SO THAT WE COULD CONTINUE THE PROPER MANAGEMENT THAT WE'VE BEEN DOING.
BUT WE WANTED TO MAKE SURE THAT IT WAS IN WRITING AND WE REALLY JUST CODIFIED OUR PRACTICE PRETTY MUCH.
BUT IT DOES PROVIDE TRANSPARENCY, AND I HAVE DIRECTED PEOPLE TO READ THAT NOBODY DOES.
BUT, YOU KNOW, BUT THAT'S THE ANSWER TO THE QUESTION JERI IS THAT, YOU KNOW, WHEN PEOPLE ASK YOU, YOU KNOW, WHAT ARE YOU DOING OR WITH THIS MONEY OR WHY WE HAVE THIS MUCH DEBT, WE HAVE CODIFIED WHAT OUR INTENTION IS.
WE TELL THE PUBLIC HOW WE ARE GOING TO SPEND THE MONEY AND THEN WE ARE ACCOUNTABLE TO THE PUBLIC FOR HOW WE SPEND THOSE DOLLARS.
AND WHEN WE LOOKED AT DEBT FIVE YEARS AGO, WE ALL SAID WE WANT TO BE VERY TRANSPARENT AND WE ARE GOING TO DO EXACTLY WHAT WE TELL YOU WE ARE GOING TO DO AND THAT'S WHAT BUILDS TRUST AND WE DID THAT.
AND SO THE ANSWER TO THE QUESTION FROM THE GRUMBLE IS, GO LOOK AT WHAT WE'VE CODIFIED IN THE POLICY AND THEN GO, LOOK AT WHAT WE DO IN PRACTICE.
AND THOSE TWO THINGS MARRY UP AND WE HAVE TOLD YOU EXACTLY WHAT WE'RE GOING TO DO.
AND THAT'S HOW WE MANAGE OUR FINANCES.
SO, ALL RIGHT, RANDY BACK TO YOU.
SO AT THIS POINT, I WILL TURN IT OVER TO THE REAL EXPERT.
SO LAURA IS ONE OF OUR FINANCIAL ADVISERS.
SO HER AND ADAM [INAUDIBLE] AND NICK [INAUDIBLE], THEY'RE OUR PRIMARY FINANCIAL ADVISORS AND THEY'RE REALLY THE BRAINS BEHIND IT ALL.
AND WHEN YOU LOOK AT THE HISTORY THAT PLANO HAS HAD FOR THE LAST, I DON'T KNOW HOW MANY YEARS, 15 YEARS, MAYBE ON REFUNDINGS AND REALLY IMPROVING THE DEBT STRUCTURE THEY'RE REALLY THE CONSTANT THERE SO THAT SPANS MULTIPLE CFOS.
BUT REALLY, HILLTOP IS REALLY THE KEY.
THEY KNOW WHAT THE EXPECTATIONS ARE AND THEY REALLY KEEP AN EYE OUT FOR PLANO.
THEY LOOK AT REFUNDING OPPORTUNITIES AND ADVISE US ACCORDINGLY, SO I'LL TURN IT OVER LAURA TO TELL THE REST OF THE STORY.
WE HAVE TO FLIP PRESENTATIONS.
BACK TO THE OTHER ONE, JUST LIKE THAT.
YEAH, I'M GOOD, I THINK, RIGHT? YEP.
SO RANDY TOLD ME I HAD TO TALK ABOUT THE 2004 TO 2021 BOND PROGRAMS IN FIVE SLIDES OR LESS.
SO THIS IS GOING TO BE HIGH LEVEL.
IT'S MEANT TO BE AN OVERVIEW AND FEEL FREE TO ASK QUESTIONS, BUT IT IS A GREAT NEWS STORY.
THE FIRST SLIDE I WANT TO TAKE A MINUTE TO ORIENT YOU.
SO THE ORANGE IS THE OUTSTANDING DEBT YOU HAD BY YEAR.
SO SORT OF DECLINING PRINCIPAL BALANCE BACK IN 2004 JUST BEFORE YOU VOTED BONDS AND THE BLUE IS YOUR OUTSTANDING PRINCIPAL BALANCE TODAY.
SO, YOU KNOW, OBVIOUSLY DECLINING OVER TIME AS YOU PAY DOWN PRINCIPAL.
SO BACK THEN, IN 2004 YOU HAD SEVEN HUNDRED AND TWENTY TWO MILLION OUTSTANDING.
YOU CAN SEE THAT IN YEAR ONE AT THE BOTTOM.
AND THEN TODAY YOU HAVE SIX HUNDRED AND TWENTY FIVE MILLION OUTSTANDING.
A COUPLE OF OTHER POINTS BACK IN 2004 YOUR DEBT WENT OUT BASICALLY TWENTY FIVE YEARS.
TODAY YOUR DEBT GOES OUT 17 YEARS, SO SHORTENED IT QUITE A BIT, WHICH SAVES A LOT OF INTEREST.
AND THE OTHER POINT I WANT TO MAKE IS THE OBVIOUS ONE IS THAT ALL ALONG THE WAY, YOU SOLD ABOUT 1.2 BILLION IN DEBT FOR CAPITAL PROJECTS AND BUSSES AND ALL THE THINGS THAT YOU GUYS FINANCE AND YOU STILL LOWERED YOUR DEBT SINCE THEN, RIGHT? SO YOU'VE ISSUED ONE POINT TWO BILLION OF NEW PROJECT DEBT AND WE'RE STILL LOWER THAN WE WERE IN 2004.
SO PRETTY, PRETTY IMPRESSIVE ALL THE WAY AROUND.
AND THERE ON THE RIGHT, I JUST KIND OF RECAPPED THE PAST THREE BOND PROGRAMS FOR THOSE WHO AREN'T VERY FAMILIAR WITH WHAT WAS ISSUED WHEN.
SO THE NEXT SLIDE IS A COMMON METRIC THAT WE USE IN OUR WORLD, IT'S LIKE A
[01:10:04]
LEVERAGE STATISTIC, BASICALLY, SO IT'S DEBT TO ASSESS VALUE AS A MEASUREMENT WE USE OFTEN.THIS ESSENTIALLY TAKES YOUR DEBT TO ASSESS VALUE MEASUREMENT BY YEAR FROM 2004 TO 2021.
SO BACK IN 2004 YOU'RE AROUND TWO POINT THREE PERCENT OR SO, TWO POINT TWO PERCENT.
AND THEN TODAY YOU'RE JUST OVER ONE PERCENT.
SO AS PROPERTY VALUES HAVE GROWN, YOU KNOW, OBVIOUSLY YOUR DEBTS GOING DOWN TOO.
YOU'LL SEE IN 2010 YOU KNOW, WE WERE OBVIOUSLY ISSUING BONDS ALONG THE WAY AND YOUR DEBT PEAKED THERE A LITTLE OVER A BILLION AND THEN HAS BEEN BEING PAID DOWN EVER SINCE.
SO THE RED LINE MATCHES THE ACCESS ON THE RIGHT AND THE BLUE BARS MATCH THE ACCESS ON THE LEFT.
JUST SORRY, I SHOULD HAVE STARTED WITH THAT.
HOW DOES THIS COMPARE TO OTHER DISTRICTS? DO YOU KNOW, LIKE IS THIS A HEALTHY DEBT TO TAX IT'S VERY LOW.
AND THE NEXT SLIDE IS PROBABLY YOU GUYS LOOK AT THIS ALL THE TIME, BUT YOU MAY NOT LOOK AT IT FROM MY LENS, SO IT'S YOUR TOTAL TAX RATE AGAIN FROM 2004 TO TODAY.
THE GREEN IS THE MAINTENANCE TAX AND THE PURPLE IS YOUR DEBT SERVICE TAX RATE.
AND YOU KNOW, THE MAIN POINT I WANT TO MAKE HERE IS THAT I GUESS A COUPLE OF POINTS.
ONE IS WHILE YOU'RE ISSUING ONE POINT TWO BILLION OF NEW DEBT, YOU ALSO HAVE TO OPERATE THOSE FACILITIES, RIGHT? SO YOU CAN'T DO ONE WITHOUT THE OTHER.
AND SO TO KEEP IN MIND THAT YOUR MAINTENANCE AND OPERATING TAX RATE HAS TO BE ABLE TO ABSORB THAT TOO.
AND YOU'RE STILL YOUR OVERALL TAX RATE STORY IS GOOD.
IT'S NOT LIKE YOU SOLD ALL THIS DEBT AND THEN YOU HAD TO GO, YOU KNOW, INCREASE YOUR MAINTENANCE AND OPERATION TAX RATE ON TOP OF THAT TO BE ABLE TO RUN THE BUILDINGS AND STAFF THE BUILDINGS.
SO THERE'S THAT PIECE TO JUST SORT OF KEEP IN MIND, YOU KNOW, LIKE I SAID, THERE'S THE DEBT SIDE, BUT IT ALSO IMPACTS THE TOTAL TAX RATE.
AND BACK IN 2014, WHEN YOU GUYS HAD THE TAX RATE RATIFICATION ELECTION, I WANT TO JUST KIND OF CALL OUT YOU ADDED 13 CENTS RIGHT TO THE M&O TAX RATE.
SOME OF YOU MAY REMEMBER THAT, BUT THE OVERALL TAX RATE ONLY WENT UP A LITTLE UNDER EIGHT.
AND THAT'S BECAUSE WE HAD ANTICIPATED IT ON THE DEBT SIDE AND CARVED OUT LOWERED THAT ARTIFICIALLY LOWERED THE TAX RATE THROUGH A LOT OF PROACTIVE RESTRUCTURING, BASICALLY.
AND SO WHEN YOU ADD IT IN THE 13 CENTS, THE FULL 13 CENTS DIDN'T GET PASSED ON TO THE TAXPAYERS.
AND AGAIN, THAT WAS A WHILE BACK.
UH, ACTUALLY, YOU KNOW WHAT? I HAVE ONE MORE THOUGHT HERE.
THE OTHER THING JUST REAL QUICKLY.
SO IN 2009, ON THE HEELS OF THE BUILD AMERICA BONDS, THERE'S A BUNCH OF FINANCING STRATEGIES THAT WERE BROUGHT OUT IN CONGRESS THAT ALLOWED TRIED TO INCENTIVIZE INFRASTRUCTURE DEVELOPMENT.
THINGS LIKE THAT, AND ONE IN PARTICULAR THAT WE LEVERAGED ON BEHALF OF THE DISTRICT WAS CALLED BUILD AMERICA BOND.
AND SO WHAT HAPPENS IS YOU SELL IN A HIGHER RATE THAN YOU NORMALLY WOULD NORMALLY SELL AT TAX EXEMPT RATES.
AND THEN THE FEDERAL GOVERNMENT WAS PAYING A SUBSIDY BACK TO OFFSET THE DIFFERENCE IN THE COST.
AND YOU GUYS MAY RECALL, BUT THAT SUBSIDY, RATHER THAN GOING TO PAY DEBT SERVICE, WHICH WAS A PERMITTED USE, IT COULD BE USED FOR ANYTHING, AND THE DISTRICT IMMEDIATELY STARTED PUTTING IT ON THE MAINTENANCE AND OPERATING SIDE.
SO THAT SUBSIDY ALL THESE YEARS HAS BEEN GOING TO THE MAINTENANCE AND OPERATING SIDE, WHICH IS GENERATED A LITTLE OVER $20 MILLION DOLLARS.
AGAIN FOR THE MAINTENANCE OPERATING SIDE, BUT SORT OF FUNDED THROUGH THE DEBT INDIRECTLY.
GETTING BACK TO RANDY'S SORT OF POINT, LIKE HOW DO WE MAXIMIZE THE DEBT SERVICE TAX RATE BECAUSE YOU GET TO KEEP THAT AS OPPOSED TO THE OTHER.
AND THEN LASTLY, SINCE 2004, WE'VE DONE LOTS OF REFINANCING'S AND THOSE OF YOU WHO HAVE BEEN AROUND AND FEEL LIKE WE'RE PROBABLY HERE ALL THE TIME TALKING ABOUT SAVING MONEY.
IT'S BEEN OVER A HUNDRED AND FIFTY MILLION IN TOTAL DEBT SERVICE PAYMENTS THAT THE DISTRICT HAS SAVED SINCE 2004.
WE'VE DONE THAT THROUGH, YOU KNOW, VARIOUS WAYS, AND THE STRUCTURING ISN'T ALWAYS THE SAME .
LATELY WE'VE BEEN SHORTENING YOUR DEBT.
YOU MAY RECALL WHEN WE HAVE OPPORTUNITIES, WE'RE SHORTENING DEBT WHEN WE CAN.
EVEN WITH INTEREST RATES BEING AS LOW AS THEY ARE, WE'RE STILL ABLE TO SHORTEN THE DEBT AND THAT'S A PRUDENT THING TO DO.
AND THEN WE TALKED ABOUT LAST TIME I WAS HERE THAT Y'ALL ARE ACTUALLY PAYING OFF THAT [INAUDIBLE] DEBT WE CALL IT ALMOST THIRTY FIVE MILLION IN DEBT IN FEBRUARY.
AND SO, YOU KNOW, AFTER THAT IS DONE AND THEN YOU HAVE YOUR NORMAL SCHEDULED FEBRUARY PAYMENT, YOUR DEBT WILL ACTUALLY BE FOUR HUNDRED AND TWENTY FIVE MILLION.
SO CONSERVABLE DROPPED FROM WHERE YOU ARE TODAY.
AND YOU KNOW, I THINK JUST MY CLOSING COMMENT WOULD BE.
I THINK TO JOHNNY'S POINT, EVERYBODY COMPARES THEMSELVES TO PLANO AND I INTENTIONALLY DIDN'T PUT ANY COMPS IN HERE BECAUSE, YOU KNOW, YOUR STORY IS IS UNIQUE AND IT'S BEEN A LOT OF FUN TO WORK ON.
QUITE A FUN JOURNEY IT HAS BEEN GREAT TO WORK WITH RANDY AND HIS TEAM, COURTNEY.
BUT IT ALL STARTED REALLY BACK WITH RICHARD MALKIN AND LINDA MADDEN.
AND YOU KNOW, STEVE FORTENBERRY, YOU'VE HAD A GREAT TREND AND RUN OF CFOS
[01:15:04]
AND THEIR FINANCE TEAMS IN GENERAL.AND YOU KNOW, THIS KIND OF STUFF DOESN'T HAPPEN OVERNIGHT.
THIS HAS BEEN IN THE WORKS FOR A LONG TIME AND TALK ABOUT BEING GOOD STEWARDS.
IT'S KIND OF GOES OUT TO THE BOARD CLEARLY AND THE FINANCING TEAM.
I'LL BE HAPPY TO ANSWER ANY QUESTIONS.
WELL, I JUST WANT TO POINT OUT ONE THING ON YOUR I THINK IT'S YOUR FIRST SLIDE, IS IT, YOU KNOW, WE HAD A 2004 BOND PROGRAM, WE HAD A 2008 AND YOU NOTICED THERE WAS AN EIGHT YEAR PERIOD WHERE WE DIDN'T GO OUT FOR BOND AND WE WAITED UNTIL 2016 TO SELL BONDS AGAIN BECAUSE WE ALL KNOW WHAT HAPPENED IN 2008.
AND WE JUST WE REALLY JUST TIGHTENED THE BUDGET AND WAITED.
WE STRETCHED THOSE FUNDS OUT PRUDENTLY.
SO I JUST WANTED TO POINT THAT ONE OUT.
YOU KNOW, I WASN'T ON THE BOARD WHEN CCA LOCAL WAS PASSED, AND I WASN'T PART OF CREATING A LOT OF THIS POLICY, AND I DIDN'T RUN ON CHANGING ANY OF THOSE POLICIES.
YOU KNOW, PART OF BEING ON THE BOARD WAS THAT I AGREED AND WANTED TO HELP BE A GATEKEEPER LIKE SO MANY OF THE OTHER TRUSTEES BECAUSE THIS IS SOMETHING THAT OBVIOUSLY WORKS.
AND SO THERE'S NO CREDIT TO BE CLAIMED BY ME.
OTHER THAN SUPPORTING AND AGREEING WITH, YOU KNOW, PAST TRUSTEES AND THE PEOPLE THAT LAID THIS FRAMEWORK AND THE PEOPLE THAT, YOU KNOW, RAN THESE REGULATIONS DOWN AND CREATED A SITUATION LIKE THIS WHERE WE HAVE THE POTENTIAL OF NEXT YEAR HAVING, YOU KNOW, BEING IN THE FOUR HUNDRED AND TWENTY FIVE MILLION.
FOUR HUNDRED AND COMES TO TAKING OUT, YOU KNOW, ADDITIONAL DEBT DOWN THE ROAD, THE, YOU KNOW, LOWER YOUR INTEREST, THE MORE EFFICIENT YOUR BOND IS GOING TO BE.
BUT SO IF YOU TAKE OUT A BOND WHILE YOU HAVE A LOT OF MONEY STILL THAT YOU OWE YOUR BONDS ARE JUST GOING TO BE LESS EFFICIENT.
AND SO BY PAYING THIS DEBT DOWN SO MUCH QUICKER, FUTURE BONDS ARE GOING TO BE MORE EFFICIENT RATHER THAN, YOU KNOW, TAKEN OUT A BOND AND 70 PERCENT GETS USED TOWARDS BUILDING SCHOOLS OR RENOVATIONS AND 30 PERCENT TO INTEREST.
EIGHTY PERCENT MIGHT GET USED.
AND SO I THINK THAT TYPE OF BOND EFFICIENCY THROUGH THIS POLICY IS WHAT ALLOWS PLANO TO HAVE GREAT SCHOOLS CONTINUE TO IMPROVE AND REDEVELOP AND PROVIDE A STANDARD THAT OUR CITIZENS EXPECT WHILE ALSO REALLY STRETCHING A DOLLAR AS FAR AS IT CAN GO.
AND I KNOW NOT ALL SCHOOL DISTRICTS CAN DO THAT.
SOME OF THEM WILL TAKE OUT THE SAME AMOUNT OF MONEY AS WE DO, EXCEPT THEY'RE ONLY GOING TO GET SIXTY FIVE PERCENT OF THE VALUE OR SEVENTY, AND WE'RE GOING TO GET SEVENTY FIVE OR 80 PERCENT OF THE VALUE.
YEAH, AND I WANT TO TOUCH ON ONE THING THAT YOU SAID REGARDING CREDIT FOR THE POLICY.
NANCY AND I CAN'T TAKE CREDIT FOR THAT EITHER.
THIS GOES BACK TO THE PRACTICES OF THE BOARD THAT PRECEDE ME AND PRECEDE NANCY.
IT REALLY GOES BACK TO THE GODFATHER RICHARD MACK [LAUGHTER] AND SETTING ALL OF THIS IN MOTION AND STEVE AND RANDY CONTINUING THAT AND GETTING GOOD FINANCIAL ADVICE.
AND SO THIS HAS BEEN A LONG STANDING PRACTICE OF THE BOARD OF PLANO ISD THAT GOES BEYOND THE SEVEN OF US SITTING HERE.
AND SO I THINK IT'S INCUMBENT UPON US TO CONTINUE THAT TRADITION.
MY ONLY COMMENT FROM YOUR PRESENTATION IS NEVER APOLOGIZE FOR COMING TO US TO SAVE US MONEY COME AS OFTEN AS YOU CAN.
OH, THE QUESTION IS, DO YOU KNOW WHEN YOU HAD THAT BULLET POINT ON FEBRUARY 15, 2022? WE'RE GOING TO PAY THIRTY FOUR POINT EIGHT MILLION DOLLARS OF DEBT EARLY.
HOW ARE WE DOING THAT? WHERE ARE WE GETTING THIRTY FOUR POINT EIGHT MILLION.
IT'S BEEN, YOU KNOW, A LITTLE BIT OF, YOU KNOW, BEEN ACCUMULATING AND YOU'RE ABLE BY HOLDING YOUR TAX RATE AND RANDY, JUMP ON THIS HOLDING YOUR DEBT TAX RATE.
YOU'RE GENERATING MORE THAN YOUR CURRENT DEBT SERVICE PAYMENTS, BUT WE'RE ABLE TO ACCELERATE AND PAY OFF DEBT EARLIER, ESSENTIALLY.
DOES THAT ANSWER YOUR QUESTION.
BECAUSE HOME VALUES HAVE COME UP.
AND YOUR DEBT SERVICE IS NATURALLY SPEAKERS].
OUR DEBT SCHEDULE WAS GOING DOWN.
AND SO OUR TAX BASE STAYED PRETTY FLAT, BUT WE WERE ABLE TO AT THE SAME TAX RATE, GO AND REDEEM THESE BONDS AND GO AHEAD AND PAY THEM OFF IMMEDIATELY AND SAVE A LOT OF INTEREST.
I HAVE A COMMENT REGARDING OUR BOND BREAKDOWN.
I REMEMBER IN THE SUBCOMMITTEE MEMBER A MEETING, AND RANDY'S FACE IS GLOWING LIKE THIS IS THE DREAM BREAKDOWN OF BONDS.
IT'S LIKE WE WERE LOOKING AT THE NUMBERS, DID A LITTLE BIT MATH.
WE HAVE LIKE ONLY TWENTY ONE POINT SEVEN PERCENT OF THE TOTAL BOND GOES TO INTEREST AND THE REST GOES TO PRINCIPAL.
[01:20:02]
LOOK AT THE BREAKDOWN.I'M LIKE, YEAH, THAT'S PRETTY IMPRESSIVE.
YEAH, IF YOU LOOK AT OUR CURRENT OUTSTANDING DEBT, IF YOU TAKE OUR TOTAL PAYMENTS, IT IS ABOUT TWENTY ONE PERCENT GOES TO INTEREST AND THE REMAINDER SEVENTY NINE PERCENT WOULD GO TO PRINCIPAL.
SO THAT IS A REALLY GOOD RATIO.
AND I MEAN, IT'S JUST AGAIN, IT'S A RESULT OF ALL THIS SHORT TERM DEBT.
ALL THIS REFUNDING ALL THESE LOW RATES THAT WE'VE BEEN ABLE TO CAPITALIZE ON HAS JUST MADE THAT WE'RE PAYING LOW INTEREST BASED ON OUR PRINCIPAL AMOUNT.
ALL RIGHT ANYTHING ELSE FOR LAURA? JUST WANT TO ADD THE COMMENT, I THINK SOMETIMES WE DON'T DO A GREAT JOB OF TELLING OUR STORY IN A LOT OF DIFFERENT AREAS.
AND I KNOW THIS ONE MAY NOT BE SOMETHING THAT I MEAN, PEOPLE DO CARE ABOUT IT WHEN IT'S BROKEN.
THEY DON'T PAY ATTENTION WHEN IT'S WORKING WELL.
AND SO JUST FIGURING IT OUT WHAT WE CAN BE DOING AS A DISTRICT TO HIGHLIGHT MORE.
I SAW SARA IS LOOKING OVER AT LESLEY AND I'LL LOOK OVER IT.
TO CELEBRATE, I MEAN, IT'S A GREAT OPPORTUNITY TO NOW, WITH RANDY PASSING THE TORCH TO SHARE WHAT A GREAT TORCH IS BEING PASSED OFF AND HOW GRATEFUL WE ARE FOR THE LONG HISTORY.
AND I APPRECIATE DAVID AND NANCY, YOU ALL GIVING CREDIT FOR THOSE BEFORE YOU.
BUT WE ALSO HAVE TO GIVE CREDIT TO YOU GUYS FOR FOR KEEPING IT GOING THE WAY IT'S BEEN.
SO WE ALL HAVE SOME RESPONSIBILITY IN THIS, BUT IT'S JUST A GREAT OPPORTUNITY TO CELEBRATE.
SO I THINK YOU HAVE TO DO INFOGRAPHICS, LESLEY.
THAT'S OKAY, ANYTHING ELSE FOR LAURA? IF NOT, WE'LL GO BACK TO OUR OTHER PRESENTATION.
JUST I REALLY APPRECIATE THE OPPORTUNITY TO WORK WITH THE DISTRICT AND I'VE BEEN HERE SINCE 2004, ACTUALLY LONGER THAN THAT.
SHE'S THE REAL BRAINS BEHIND IT.
I'M NOT TAKING CREDIT FOR IT, BUT IT'S BEEN REALLY FUN TO WATCH AND BE A PART OF IT.
SO AND I JUST APPRECIATE ON BEHALF OF HILLTOP WE REALLY APPRECIATE WORKING WITH THE DISTRICT.
WELL, I THINK HATS OFF TO YOU GUYS FOR HELPING US WITH OUR CALL DATES AND KEEPING AN EYE ON ALL OF THAT.
OK, BACK TO THE OTHER PRESENTATION.
I KNOW WE'RE TOUGH TONIGHT, AREN'T WE? OK, SO WHAT WE WANTED TO DO WAS JUST KIND OF GIVE YOU A STATUS UPDATE ON THE 2016 BOND PROGRAM.
SO THE BOND PROGRAM, THE ELECTION WAS FOR FOUR HUNDRED AND EIGHTY ONE MILLION AND THIS WAS FOR THE CATEGORIES THAT YOU SEE HERE.
I WON'T READ ALL OF THOSE, BUT WE'LL BE GOING INTO EACH ONE OF THOSE IN A LITTLE BIT MORE DETAIL.
THAT WAS ALMOST TWO HUNDRED AND TEN MILLION OF THE TWENTY SIXTEEN BOND.
THE COMPLETED PROJECTS I'LL JUST I'LL LET YOU ALL READ WHAT THE COMPLETED PROJECTS ARE, THE REFURBISHMENTS.
SO WE, IF YOU'LL RECALL ON WILLIAMS, THE BOND HAD $4 MILLION DOLLARS IN THERE TO DO SOME REFURBISHMENT AT WILLIAMS. WE WERE ABLE TO TAKE SOME, SOME FUNDS THAT WERE LEFT OVER ON OTHER PROJECTS, AND WE INCREASE THAT TO ABOUT 13 TO 14 MILLION.
THAT IS ONE THAT I WENT BY THERE PROBABLY TWO OR THREE WEEKS AGO AND I REALLY GOT EXCITED ABOUT.
IT'S REALLY A TRANSFORMATION THERE.
I'M EXCITED WHEN THEY GET THAT COMPLETE AND THE BOARD CAN TOUR.
SO THAT'S THE PHASE ONE, AS YOU'LL RECALL.
AND THEN IT WAS TO LOOK INTO A FUTURE BOND FOR THE SECOND PHASE, BUT THE TEAM REALLY KILLED IT ON PHASE ONE.
REMEMBER, IT WAS MOVING THE ADMIN FROM THE SOUTH END OF THE BUILDING OVER TO THE NORTH END OF THE BUILDING, WHERE THE PARKING LOT AND ALL THIS WHERE IT DOESN'T FEEL LIKE YOU'RE GOING IN FROM THE BACK ALLEY INTO THE MAIN OFFICE.
AND OF COURSE, SARA KNOWS THAT CAMPUS BETTER THAN ANY OF US WHERE SHE WAS PRINCIPAL, BUT SHE PROBABLY REALLY GETS EXCITED.
IF IT EXCITES ME, I CAN ONLY IMAGINE WHAT IT DOES FOR HER WHEN SHE GOES OVER THERE.
ON UPDATES AT FACILITIES WE HAVE COMPLETED.
AGAIN THE GREEN CHECK BOX MEANS IT'S COMPLETED, SO WE HAVE COMPLETED THE REROOFING PROJECTS THAT WERE IN THE BOND.
WE'VE COMPLETED THE MAJORITY OF THAT NEXT CATEGORY, WHICH IS MORE WHAT WE CALL SYSTEMS AND COMPLIANCE.
THINGS LIKE HVAC UNITS, CARPETS, PLUMBING.
SO WE DO HAVE A FEW LINGERING PROJECTS THERE THAT MANY OF THOSE WILL BE COMPLETED THIS SUMMER AND WE'LL PRETTY MUCH WRAP UP THOSE CATEGORIES AS WELL.
BUT RANDY, YOU DIDN'T MENTION SHEPTON AND ROBINSON, AND THOSE WERE MASSIVE.
THOSE ONES AND THEY'RE BEAUTIFUL, AND YOU CAN'T SAY THAT KIDS AREN'T PROUD TO WALK INTO THOSE BUILDINGS.
AND OF COURSE, WHEN WE TOURED BOWMAN MIDDLE SCHOOL, I MEAN, BOWMAN MIDDLE SCHOOL LOOKS REALLY BEAUTIFUL NOW TOO.
NO, AND I'M SORRY, ALL OF THESE PROJECTS TURNED OUT GREAT.
I GUESS WILLIAMS IS THE MOST RECENT ONE THAT I'VE SEEN, AND IT'S AN OLDER CAMPUS, AND SO IT JUST THE CHANGE THAT IT'S MADE.
[01:25:05]
I MEAN, JASPER, SHEPTON AND ROBINSON TURNED OUT TO BE ALL THESE TURNED OUT TO BE GREAT PROJECTS.I SHOULDN'T HAVE FOCUSED ON ONE SO MUCH SHOULD I.
AGAIN, WE'RE WRAPPING UP THE FINE ARTS FACILITY AND HOPE TO HAVE A GRAND OPENING THERE VERY SOON.
WE'VE GOT THE OTHER FINE ARTS ADDITIONS THAT YOU CAN SEE HERE, SOME DANCE FLOOR UPGRADES, ET CETERA.
TECHNOLOGY IS ABOUT SEVENTY FOUR MILLION DOLLARS OF THE BOND, AND SO MOST OF THE TECHNOLOGY INFRASTRUCTURE HAS BEEN COMPLETE WIRELESS CONNECTIVITY, CLASSROOM EQUIPMENT AND DEVICES.
THERE'S A COUPLE OF THOSE THAT ARE STILL IN PROCESS ON CAREER AND TECHNOLOGY, EDUCATION AND REPLACEMENT OF AGING EQUIPMENT.
TECHNOLOGY IS ALWAYS AGING, SO THERE'S ALWAYS A REPLACEMENT CYCLE ON THAT.
WE'VE DEFINITELY INCREASED THE AVAILABILITY OF MOBILE DEVICES AND WIRELESS PRESENTATION STATIONS.
A COUPLE OF PROJECTS THAT WE DIDN'T CARRY OUT IS THE NEW ELEMENTARY SCHOOL AND THE PURCHASE OF PROPERTY FOR NEW FACILITIES.
IF THAT WAS NEEDED FOR A NEW ELEMENTARY SCHOOL AND SO THOSE WERE PUT IN THE BOND AND WE'LL TALK MORE ABOUT THOSE IN A MINUTE AS FAR AS DOLLAR WISE.
BUT THOSE WERE INCLUDED IN THE BOND IN CASE THEY WERE NEEDED FOR GROWTH, AND AS YOU KNOW, OVER THE LAST THREE OR FOUR YEARS, WE HAVEN'T EXPERIENCED GROWTH.
AND SO THOSE ARE NOT PROJECTS THAT WE'VE TAKEN ON.
AND THEN WE'LL TALK ABOUT THE BOND ISSUANCE THERE IN JUST A MINUTE.
SO RANDY, ON THE NEW ELEMENTARY SCHOOL, JUST FOR SAKE OF HISTORY THAT WAS IN THERE WAS MONEY EARMARKED IN THE 2008 BOND FOR A NEW ELEMENTARY SCHOOL IN PARKER.
IF IT WAS NEEDED, IT WAS NEVER NEEDED.
SO THOSE DOLLARS WERE NEVER SPENT WHEN WE DID THE LAST BOND.
WE INCLUDED AGAIN THE SAME PROPOSAL IN THE EVENT THAT THERE WAS A NEW ELEMENTARY SCHOOL THAT WAS NEEDED.
THEREFORE, THE DOLLARS WERE NEVER SPENT.
WAS IT PRESUMED TO BE NEEDED IN PARKER OR WAS IT JUST NEEDED TO WHEREVER IT WAS NEEDED? YEAH, IT WAS PRESUMED TO BE IN PARKER, BUT I THINK ALSO AT THE SAME TIME, WE ALSO HAD THE PROPERTY DOWN IN DALLAS.
AND SO WE DIDN'T SPECIFY IT WAS FOR PARKER ON THE LAST TIME.
BUT WE SAID A NEW ELEMENTARY SCHOOL.
THE IDEA IS IT WOULD EITHER BE IN ONE OF THOSE TWO LOCATIONS OR THE PURCHASE OF PROPERTY FOR NEW FACILITIES THAT THE IDEA THERE WAS THAT THAT PROPERTY WOULD BE KIND OF AROUND WHERE THE NEW MAPLE SHADE PARK IS IF WE NEEDED TO ADD ANOTHER CAMPUS THERE THAT WE WOULD HAVE THE ABILITY TO BUY PROPERTY AND UTILIZE THOSE DOLLARS FROM THE ELEMENTARY SCHOOL MONEY.
NONE OF THAT EVER MATERIALIZED, SO NONE OF THOSE DOLLARS WERE EVER SPENT.
AND THEN ALSO, WE DID PURCHASE THE THIRD EMPLOYEE CHILD CARE CENTER.
WE ALSO PURCHASED THE ADULT TRANSITION CENTER THAT'S LOCATED JUST NORTH OF HERE AND THEN INSTRUCTIONAL BOOKS AND MATERIALS AND REPLACEMENT OF PORTABLES WITH PERMANENT CLASSROOMS. THAT WAS A BIG ONE.
THAT WAS REALLY A BIG PUSH TO GET ALL THE PORTABLES OUT.
THE FOURTH EARLY CHILDHOOD SCHOOL, SO THE LANGUAGE IN THE BOND PRESENTATION FOR 2016 SAID THAT THE BUILDING OF A FOURTH EARLY CHILDHOOD SCHOOL FOR PRE-K STUDENTS TO ACCOMMODATE POPULATION GROWTH AFTER FIRST UTILIZING EXISTING CAPACITY AT CAMPUSES, AND THAT THE ADDITIONAL SCHOOL WOULD BE BUILT ONLY AFTER EXHAUSTING SPACE AT EXISTING FACILITIES.
AND SO WE DIDN'T MEET THAT CRITERIA.
AND AS YOU'LL RECALL, SO WE DIDN'T APPROVE THE CONSTRUCTION OF THE FOURTH EARLY CHILDHOOD SCHOOL.
ON SAFETY AND SECURITY, THAT COMPONENT OF THE BONDS, WE HAVE DONE A SIGNIFICANT AMOUNT OF, WE'VE DONE A LOT OF THAT WORK.
WE'VE GOT SOME OTHERS LIKE ON REPLACEMENT OF OUTDATED FIRE SYSTEMS, ALARMS AND ACCESS CONTROLS, FIRE ALARM, SECURITY CAMERAS, EMERGENCY COMMUNICATION.
AGAIN, SOME OF THAT MONEY WAS MORE FOR A REPLACEMENT CYCLE, AND SO WE HAD MONEY IN THE BOND SO AS THOSE SYSTEMS GO OUT OR AGE OUT.
SO MANY OF THOSE HAVE BEEN COMPLETED, BUT THERE IS STILL SOME FUNDS THERE FOR ADDITIONAL ISSUES THAT COME UP.
I HAVE A QUESTION, AND I THINK THE ANSWER IS WE COMPLETED ALL OF THE SENIOR HIGH COMMUNICATIONS CORRECT FOR A SAFETY AND SECURITY.
BECAUSE ALL THE SENIOR HIGHS HAVE MULTIPLE BUILDINGS.
WE ALSO PURCHASED AT LEAST 90 SCHOOL BUSSES, I THINK WE MIGHT HAVE BEEN ABLE TO PURCHASE A FEW MORE THAN THAT.
AND THOSE ARE ON A 15 YEAR REPLACEMENT CYCLE AND ALL OF THE ATHLETIC PROJECTS ARE NOW COMPLETE, SO THAT WAS TURF REPLACEMENT IN MANY FACILITIES AND THEN SOME TURF ADDITIONS LIKE CLARK TRIPLE FIELDS WAS A BIG ONE WHERE WE PLAY MANY, MANY GAMES EVERY YEAR.
[01:30:04]
SCOREBOARD REPLACEMENT LOCKER ROOM ADDITIONS AT CLARK EAST AND PLANO EAST.AND BASEBALL SOFTBALL FIELDS ALL GOT.
I THINK THAT'S ALL GOT UPGRADED BLEACHERS AND SEATING AREAS.
SO, THERE WAS A LOT OF ACCOMPLISHED IN THE THE 2016 BOND, AND THE VAST MAJORITY OF THAT WORK HAS BEEN COMPLETED.
AGAIN, THE TOTAL APPROVED BY THE VOTERS WAS FOUR HUNDRED AND EIGHTY ONE MILLION.
TO DATE, WE'VE ISSUED FOUR HUNDRED AND THIRTY ONE MILLION ONE TWENTY FIVE.
THAT LEAVES FORTY NINE MILLION EIGHT HUNDRED AND SEVENTY FIVE THOUSAND.
AND THAT IS THE THREE CATEGORIES THAT WE TALKED ABOUT.
THAT WAS THE THREE THAT WE TALKED ABOUT ON THE NEW ELEMENTARY SCHOOL, THE LAND FOR A FUTURE ELEMENTARY SIDE IF NEEDED, AND ALSO THE EARLY CHILDHOOD SCHOOL FOR THAT WE DIDN'T HAVE THE CAPACITY ISSUE TO PROCEED WITH THAT PROJECT.
AND SO AT THIS POINT, THOSE BONDS WILL NOT BE ISSUED.
ALL RIGHT, AND SARA, I THINK IT GOES BACK TO YOU.
SO IF THEY AREN'T ISSUED WHAT HAPPENS? IT BASICALLY MEANS THEY WERE JUST APPROVED BY THE VOTERS, AND THEY SIT THERE AS UNISSUED.
I MEAN, IF THEY'D STILL HAVE THE ABILITY TO BE ISSUED FOR SOME TIME PERIOD, IF THE BOARD DECIDED TO GO BACK AND ISSUE THOSE OTHERWISE AT SOME POINT THEY WOULD JUST.
BUT IT HAS TO BE ISSUED FOR WHAT WAS DESIGNATED IN THE BOND.
WELL, THERE'S TWO ANSWERS TO THAT JERI ONE IS THE LEGAL ANSWER AND I'M NOT AN ATTORNEY AND THE OTHER IS JUST MORE WHAT THE BOARD'S DESIRE IS.
AND SO THE BALLOT LANGUAGE LEGALLY.
ALL YOU HAVE TO DO IS FOLLOW THE BALLOT LANGUAGE AND THE BALLOT LANGUAGE WAS PRETTY BROAD IN THE 2016 BOND.
SO IT WOULD HAVE BEEN FOR NEW FACILITIES, UPGRADED FACILITIES, EQUIPMENT IT WOULD HAVE BEEN PRETTY BROAD.
SO LEGALLY, THOSE DOLLARS COULD BE ISSUED FOR ALMOST ANY OR TECHNOLOGY COULD BE ISSUED FOR ALMOST ANY PURPOSE THAT THE DISTRICT THAT MEETS THAT BALLOT LANGUAGE.
BUT THEN IT COMES DOWN TO BUT WHAT DID WE TELL THE VOTERS? AND SO THAT'S THE SECONDARY.
THAT'S MORE THE POLITICAL OR BOARD DECISION ON AND THINGS CHANGE OVER TIME ALSO, YOU KNOW, IT'S HARD TO GO OUT FOR A BOND ELECTION AND KNOW EXACTLY WHAT YOUR NEEDS ARE GOING TO BE FOR A FIVE, 7, 10 YEAR PERIOD.
SO THERE IS FLEXIBILITY BUILT INTO THAT.
BUT REALLY, WE'RE AT THE POINT ON THOSE BONDS IT'S REALLY AT THE BOARD'S DISCRETION TO DECIDE WHAT, FLEXIBILITY DO WE WANT TO GIVE? AND JERI TO ME THAT'S PART OF OUR STORY, WHEN WE TALK ABOUT WHAT IS OUR STORY HERE? OUR STORY IS THAT WE MADE PROMISES REGARDING HOW WE WERE GOING TO SPEND THE MONEY THAT WAS AUTHORIZED BY THE VOTERS FOR US TO SPEND AND TO TAKE THAT AND SPEND IT IF IT'S NEEDED, WE SPEND IT ON WHAT WE SAID WE WOULD.
AND IF IT WASN'T NEEDED, WE DIDN'T SPEND IT.
SO NOTWITHSTANDING THAT $481 MILLION DOLLARS THAT WAS AUTHORIZED LAST TIME, WE DIDN'T SPEND 50 OF IT.
AND THAT'S A PROMISE THAT WE NEED TO KEEP.
RANDY, DOES THAT 50 MILLION OR THE FORTY NINE, EIGHT, SEVEN FIVE THAT DOESN'T SHOW UP ON OUR CURRENT DEBT? THAT'S CORRECT.
THOSE HAVEN'T BEEN ISSUED AND SO THEY DON'T EXIST ON THE DEBT SCHEDULE.
AND FOR THE 2004 BOND HAVE ALL OF THOSE BEEN ISSUED OR NOT 2004 BUT 2008.
WE'RE TALKING ABOUT HAVE BEEN ISSUED.
RANDY, IF WE DON'T ISSUE THIS, IS THERE ANY DRAWBACK, ANY DAMAGE? BOARD FEELS RIGHT ABOUT, THEN.
NO, I DON'T SEE ANY ANY NEGATIVE CONSEQUENCE OF NOT ISSUING.
THE ONLY THING MIGHT BE A MISSED OPPORTUNITY FOR REALLY LOW RATES RIGHT NOW.
BUT YOU WOULD HAVE TO GO BACK.
WHAT WAS IT? ELEMENTARY SCHOOL? NEW ELEMENTARY SCHOOL AND EARLY CHILDHOOD SCHOOL, AND IF WE WERE GOING TO REPURPOSE THEM, THEN I THINK THAT'S WHAT DAVID WAS SAYING IS WE'RE NOT BEING TRUE TO WHAT WE PROMISED THE VOTERS WHEN THEY VOTED.
SO I THINK IT WOULD POTENTIALLY IMPAIR OUR ABILITY TO PASS A FUTURE BOND IF WE'RE NOT HONEST WITH IT.
THE EARLY CHILDHOOD SCHOOL NUMBER FOUR.
SO THE CURRENT BUILDING WE ARE, GOING TO BUILD IT, WHICH MADE [INAUDIBLE]
[01:35:03]
SPEAKERS] YEAH, CAN WE? IS THAT POSSIBLE TO USE THEIR MONEY.AGAIN, THERE'S A LEGAL ANSWER AND I GUESS A POLITICAL ANSWER, BUT YEAH, THE LEGAL ANSWER IS YES, IT COULD BE USED, BUT THEN IT GETS BACK TO WHAT DAVID AND NANCY YOU'RE TALKING ABOUT.
IF THAT WASN'T REALLY THE PURPOSE.
NOW WE DO ALWAYS ADJUST FUNDS JUST LIKE WE HAD LEFTOVER MONEY FROM ROBINSON AND OTHER PROJECTS THAT WE SHIFTED OVER TO WILLIAMS AND SHEPTON AND JASPER AND ALL OF THOSE.
BUT SO AGAIN, IT'S BOARD DISCRETION OF REALLY WHAT IS THE COMFORT LEVEL OF HOW MUCH ADJUSTMENT TAKES PLACE.
SO JUST TO REFRESH MY MEMORY, WHAT MONEY DO WE USE TO TRY TO FUND THAT BUILDING? SO THAT'S PLAN TO COME OUT OF GENERAL FUND.
I MEAN, GENERAL FUND WE PAY RECAP.
I MEAN, ISN'T THAT MORE JUDICIOUS TO USE THIS MONEY BECAUSE THIS IS BOND MONEY AND WE KEEP A 100 PERCENT.
I MEAN THAT FROM A FINANCIAL STANDPOINT, THAT IS TRUE, AND THEN IT GOES BACK TO THE THERE'S A LOT OF THINGS TO THINK ABOUT.
THAT WOULD GO BACK TO JERI'S QUESTION ABOUT WHY DO PEOPLE GET UPSET ABOUT BONDS? SO THEY WORRY THAT THOSE FUNDS MIGHT NOT BE USED AS THEY WERE TOLD THEY'RE INTENDED TO BE USED.
SO SOMETIMES WHEN YOU HAVE TO DO THE RIGHT THING OR TO RIGHT THINGS HONORING THE VOTER'S WISHES AND PROVIDING SERVICES TO A PORTION OF OUR COMMUNITY THAT ARE KIND OF IN A SERVICE DESERT, YOU TAKE IT OUT OF THE GENERAL FUND, EVEN IF IT IS NOT THE GREATEST SOURCE OF FUNDS BECAUSE YOU'RE BALANCING A LOT AND SOMETIMES DOING THE RIGHT THING CAN BE EXPENSIVE.
I PERSONALLY THINK IT'S SMARTER TO USE THE REMAINING BOND TO DO THE CHILDHOOD CENTER.
I MEAN, IF IT SAVES MONEY AND WE DON'T HAVE LEGAL TROUBLE AND WE CAN EXPLAIN THAT TO THE TAXPAYERS, CAN WE.
I MEAN IT'S A SLIPPERY SLOPE? I MEAN, YOU JUST START EXPLAINING AWAY THINGS AND THEN, YOU KNOW, WHAT ELSE CAN THAT MONEY BE USED FOR? AND THAT'S WHERE IT'S JUST A SLIPPERY SLOPE ONCE YOU GO DOWN THAT ROAD.
AND I THINK A LOT OF PEOPLE WOULD RATHER HAVE US SAY, HEY, HERE'S THIS, YOU KNOW, 50 MILLION, WE DIDN'T USE IT ON THIS.
WE'D RATHER HAVE A SMALL BOND ELECTION SAYING, THIS IS WHAT WE WANT TO USE IT FOR.
AND THAT WAY, THE VOTERS STILL GET TO SAY, AND WE DO IT, AND IT'S NOT NECESSARILY LIKE RAISING ANYTHING.
I MEAN, I THINK VOTERS AND TAXPAYERS WOULD DIGEST THAT A LOT BETTER THAN THE SEVEN OF US MAKING A DECISION THAT CONTRADICTS THE ORIGINAL INTENT OF THE BOND.
I MEAN THE BUILDING RIGHT THEY SERVE THE SAME PURPOSE.
IT'S JUST THE INTENT OF THE DOLLARS.
IT'S JUST THAT WE NOT WE I WASN'T ON THE BOARD AT THE TIME, BUT WHEN THAT BOND WAS PASSED, WE OR THE BOARD LAID OUT EXACTLY WHAT THOSE WERE GOING TO BE USED FOR AND IF WE WERE TO USE THOSE DOLLARS FOR SOMETHING ELSE, EVEN IF IT'S A NOBLE AND GOOD THING AND SOMETHING THAT WE THINK THE COMMUNITY OTHERWISE WOULD AUTHORIZE IF WE DID ANOTHER BOND, IT STILL DOESN'T HONOR THAT INTENT FROM THE ORIGINAL BOND.
YEAH, I'D SAY I'D SAY PROBABLY TABLE THIS CONVERSATION FOR WHEN WE ACTUALLY DO HAVE THAT OPPORTUNITY TO TALK ABOUT IT AND WE CAN TALK ABOUT HOW WE'RE GOING TO PAY FOR IT.
BUT LOOK, THERE ARE LOTS OF WORTHY QUESTIONS TO ASK AND WORTHY CONVERSATIONS TO HAVE WHEN IT COMES TO FINANCING THAT BUILDING, FOR SURE.
OK, SO I'M GOING TO BRING IT HOME, SO WE'VE BEEN TAKING A NICE LOOK BACK AND MAYBE A LITTLE BIT ABOUT OUR CURRENT STATE OF THE DEBT PICTURE AND THEN A LITTLE GLIMPSE INTO WHAT OUR DEBT SITUATION WILL BE WITHIN THE NEXT YEAR.
AND YEAH, I'LL JUST GIVE YOU A LITTLE HISTORY.
LOOKING BACK, WE HAD JUST A HISTORICAL TIMELINE OF BOND ELECTIONS.
WE HAD 1997 WE HAD A THIRTY TWO POINT NINE MILLION 1999, TWENTY ONE POINT TWO IN 2000 WE HAD THREE NINETY EIGHT POINT EIGHT.
YOU DON'T HAVE THIS IN A SLIDE.
I'M JUST READING TO YOU FROM NOTES OF THE RESEARCH THAT I DID.
IN 2003, A THIRTY THREE POINT FIVE.
2004 TWO HUNDRED AND EIGHTY SIX.
2008, FOUR HUNDRED AND NINETY MILLION.
AND 2016 FOUR HUNDRED AND EIGHTY ONE MILLION.
SO THERE'S A HISTORY OF FROM 1997 TO 2016 YOU KNOW, SOME OF THOSE WERE TWO YEAR GAP A
[01:40:04]
ONE YEAR GAP, A THREE YEAR GAP, A ONE YEAR GAP, A FOUR YEAR GAP AND AN EIGHT YEAR GAP.SO, YOU KNOW, WE PRIOR TO THAT BECAUSE OF THE RAPID GROWTH OF THE DISTRICT, THEY WERE DOING BOND ELECTIONS ABOUT EVERY FIVE YEARS.
I MEAN, THAT WAS A TYPICAL CYCLE, BUT IT GOT A LITTLE STAGGERED IN THE 97 TO 2008 TIME FRAME.
AND YOU KNOW, WHEN YOU'RE BUILDING BUILDINGS BECAUSE YOU'RE GROWING FAST, YOU KNOW YOU'RE LOOKING AHEAD IN A DIFFERENT WAY.
BUT WE'RE IN A DIFFERENT PLACE TODAY.
AND SO THAT PLACE IS NOT GROWTH, BUT IT'S WHAT ARE THE NEEDS OF OUR SCHOOLS? WHAT ARE THE NEEDS OF OUR BUSSES? WHAT ARE THE NEEDS OF OUR SYSTEMS? AND WHAT ARE THE FACILITIES THAT OUR KIDS DESERVE? AND SO I KIND OF WANT TO TALK A LITTLE BIT ABOUT LOOKING FORWARD.
AND PART OF THAT IS AROUND GOVERNANCE PRIORITIES.
SO, YOU KNOW, AS A DISTRICT, IT'S OUR JOB AS AN ADMINISTRATION TO BE KIND OF HAVING THAT FORWARD LOOK OF WHAT ARE THE NEEDS OF THE DISTRICT AND WHAT ARE THE FUTURE NEEDS.
SO THAT'S WHY PART OF THIS PRESENTATION IS FUTURE PLANNING IS FOR US TO BE THINKING AHEAD.
AND SO, YOU KNOW, GOING BACK TO THE STRATEGIC PLAN AND WE HAVE THE BELIEF STATEMENTS, SO AROUND OUR BELIEF STATEMENTS.
THE THINGS IN THERE THAT RELATE TO THE FUTURE OF OUR STUDENTS AND WHAT KIND OF AN EDUCATION AND EDUCATIONAL SYSTEM AND FACILITIES AND PROGRAMS ARE WE PUTTING FORTH FOR OUR KIDS TO HAVE MEANINGFUL, SUCCESSFUL EDUCATIONAL CAREERS AND PREPARATION FOR THEIR FUTURES? SO, YOU KNOW, THE LEGACY OF EXCELLENCE FOR THE DISTRICT IS SOMETHING WE ALL WANT TO CONTINUE.
I MEAN, THAT IS A STANDARD OF HIGH EXPECTATIONS THAT THIS COMMUNITY HAS FOR ITS PUBLIC SCHOOLS.
AND SO THESE PRIORITIES THAT ARE SET FORTH IN THE STRATEGIC PLAN KIND OF PAINT THE PICTURE OF WHAT WE EXPECT OF OURSELVES IN RELATION TO WHAT WE WANT FOR OUR CHILDREN.
AND SO I'M JUST PUTTING THOSE UP THERE AS A REMINDER OF WHAT WE BELIEVE AND WHAT WE NEED TO CONNECT TO OF THE WHY.
WHY DO WE DO THE THINGS WE DO RIGHT? AND WHY HAVE WE DONE THE THINGS WE HAVE DONE IN THE PAST AND WE'LL DO IN THE FUTURE ON BEHALF OF OUR CHILDREN? AND SO JUST.
YOU ALL KNOW THOSE Y'ALL HELPED WRITE THOSE.
IT'S OUR JOB TO LIVE INTO THEM AND TO PROVIDE THE EDUCATIONAL SYSTEM THAT MEETS THOSE BELIEFS.
SO GOING ON TO THE NEXT STATEMENT, IT'S OUR MISSION, AND YOU KNOW, I SAY THIS ALL THE TIME AND PEOPLE ARE LIKE, SHE TALKS ABOUT THAT THING ALL THE TIME.
BUT THE MISSION IS WHAT WE WANT FOR KIDS.
IT WAS WRITTEN BY OUR STUDENTS THAT THIS IS WHAT THEY WANT FROM US.
AND SO WHEN YOU GO INTO STRATEGIC PLANNING AND THE KIDS WRITE THE MISSION STATEMENT TELLING YOU WHAT THEY WANT AND WHAT THEY NEED FROM US FOR THEIR FUTURE THAT SHOULD EDUCATE, INSPIRE AND EMPOWER EVERY ADULT TO ACTIVATE OUR UNIQUE POTENTIAL IN THIS DYNAMIC WORLD FOR THEM.
AND SO IF YOU COULD SHIFT THIS MISSION STATEMENT TO OURSELVES AS THE GROWN-UPS CHARGED WITH DELIVERING THIS TO KIDS, WE SHOULD BE THINKING ABOUT THIS AS WE THINK FORWARD.
WHAT WILL IT TAKE FOR US TO PROVIDE THAT TYPE OF AN EDUCATION, CONTINUE THAT LEGACY FOR OUR CHILDREN.
AND THEN GOING INTO THE VISION STATEMENT AND THE PILLARS HOW DO WE REMAIN EXCELLENT? HOW DO WE SHOW WE CARE? HOW DO WE PROVIDE LEARNING EXPERIENCES THAT POWER KIDS INTO THE MISSION AND THAT THIS COMMUNITY CAN CONTINUE TO BE PROUD OF? AND THAT'S ON ALL OF US, THAT'S ON ADMINISTRATION AND THAT'S ON THE BOARD AND IT'S ON OUR COMMUNITY BECAUSE THEY HELPED WRITE ALL THIS.
THEY ARE THE ONES WHO CONVENED AND PUT THESE STRONG WORDS TOGETHER.
I LIKE HOW YOU PUT THOSE SIDE BY SIDE, BECAUSE IF WE LOOK AT TONIGHT'S DISCUSSION AND WE SEE STRATEGIC RESOURCE MANAGEMENT AND WE CAN SAY VERY CLEARLY TONIGHT THAT WE ARE, I AM, AND I THINK I SPEAK FOR ALL OF US TO SAY THAT WE ARE PLANO ISD PROUD FOR HOW NUMBER FIVE HAS BEEN HANDLED AND HOW [INAUDIBLE] THE REPORTS FOR TONIGHT.
AND THEN WE GO TO THE PORTRAIT OF A GRADUATE, AND WE'VE TALKED ABOUT THIS SEVERAL TIMES AND WE'RE CONTINUING OUR WORK ON THIS.
AND WE'VE PICKED IT BACK UP AND OUR MOVING, THIS FORWARD.
[01:45:01]
BUT THE COMMUNITY ALSO CONVENED TO SAY IN ADDITION TO, YOU KNOW, REGULAR EDUCATION FOR WHAT WE THINK IS EXEMPLARY FOR OUR KIDS.THE OTHER THINGS THAT OUR KIDS NEED SKILLS AND ATTRIBUTES THAT OUR KIDS MUST POSSESS WHEN THEY GRADUATE ARE THESE SKILLS THAT WILL LAUNCH THEM INTO SUCCESS IN THEIR FUTURE.
AND WHAT DO? WHEN YOU THINK OF THOSE THINGS, THOSE ADAPTABILITY, COMMUNICATION, CREATIVITY, CRITICAL THINKING, CURIOSITY AND EMPATHY.
WHAT DOES THE FUTURE LOOK LIKE WHEN THOSE ARE PART OF THE PROGRAM FOR OUR KIDS, THAT THEY WILL LEAVE US WITH THESE SKILLS AND ATTRIBUTES? AND SO AGAIN, A LITTLE BIT OF A WAY TO THINK TO THE FUTURE AND WHERE YOU WANT TO INNOVATE AROUND.
THOSE WOULD BE THE PLACES THAT WE NEED TO BE THINKING STRONGLY ABOUT BECAUSE OUR COMMUNITY ARE THE ONE WHO TOLD US THESE THINGS ARE IMPORTANT TO THEM ON BEHALF OF THEIR CHILDREN.
THE COMMUNITY TOLD US, AND SO IF WE'RE GOING TO LIVE INTO THIS AS WELL OF THINGS THAT OUR KIDS NEED TO BE SUCCESSFUL, WHAT DOES THAT LOOK LIKE? SO THIS IS THE LAST SLIDE AND THERE'S NOT A LOT ON IT, BUT YOU HAVE A LITTLE HANDOUT IN FRONT OF YOU, SO YOU DON'T HAVE TO REMEMBER EVERYTHING I'M GOING TO SAY.
BUT I THINK IT'S I HAVE THREE THINGS THAT I WANT TO TALK GET DISCUSSION AROUND ON THIS SLIDE, AND THE FIRST ONE IS GUIDING PRINCIPLES FOR THE FUTURE.
SO WE'VE GOT THE BELIEF STATEMENTS, THE STRATEGIC PLAN, THE PORTRAIT OF A GRADUATE, BUT IT'S IMPORTANT TO ADMINISTRATION TO REALLY HAVE A FEEL FOR AS WE CONSIDER FUTURE PLANNING.
WHAT ARE SOME OF THE GOVERNING PRINCIPLES THAT YOU WOULD HAVE US PLAN AROUND? AND SO, YOU KNOW, PRINCIPLES AT THE GOVERNANCE LEVEL, NOT THE MANAGEMENT LEVEL.
SO IF WE WERE GOING TO GO IN A ROOM AND WE WERE GOING TO SAY, OK, WHAT IS THE PORTRAIT OF THE GRADUATE SCHOOL OF THE FUTURE LOOK LIKE? YOU KNOW, WHAT DOES THAT LOOK LIKE FOR PLANO ISD? WHAT ARE THE PARAMETERS AROUND THAT THAT ARE GOVERNING PRINCIPLES TO KEEP US IN SOME GOVERNANCE, THE UMBRELLA OF GOVERNANCE.
AND IT'S THE WHY IT'S NOT THE WHAT, IT'S NOT THE HOW, IT'S NOT THE WHEN, IT'S NOT NECESSARILY EVEN THE WHERE, YOU KNOW, WHERE YOU SAY, WELL, LET'S GO TO THAT SCHOOL AND DO THIS.
THAT'S NOT WHAT WE'RE TALKING ABOUT.
WE'RE TALKING ABOUT BIGGER THAN THAT.
WHY WOULD WE OPERATE IN A CERTAIN WAY? AND THAT IS FOR YOU TO TELL US.
AND SO THIS IS NOT A TASK FOR THIS MOMENT.
BUT I WOULD ADMINISTRATION IS ASKING THE BOARD TO PROVIDE SOME GOVERNING PRINCIPLES FOR US AS WE ENTER INTO OUR PLANNING CONVERSATIONS AND THINKING OF THE FUTURE.
WHAT ARE SOME OF THOSE PRINCIPLES YOU WANT US TO BE CONSIDERING AS WE THINK AND AS WE LEARN AND AS WE RESEARCH? SO THAT'S THE FIRST THING, AND I'LL, YOU KNOW, I CAN GIVE YOU EXAMPLES IF YOU WANT THEM AT A LATER TIME AND YOU KNOW, IT DOESN'T HAVE TO BE RIGHT NOW, BUT YOU KNOW, I WILL COME BACK AND ASK THE BOARD TO KIND OF FEED US SOME DRAFT THOUGHTS ON THAT SO THAT WE COULD COME BACK TO THE BOARD WITH A DRAFT OF BOARD GUIDING PRINCIPLES FOR THE FUTURE PLANNING.
AND SO CERTAINLY, THAT'S NOT AN AT THE DAIS ASSIGNMENT OR ASK.
CAN I ASK A QUESTION? OF COURSE.
DO WE DO THIS EVERY FIVE YEARS OR NOW IT'S EVERY YEAR THIS.
WE HAVE THE STRATEGIC PLAN THAT GUIDES EVERY YEAR.
THIS IS REALLY LONGER TERM PLANNING PRINCIPLES.
IS THIS CONNECTED TO THE FIVE YEAR PLANNING? IT WOULD.
THAT'S WHY LIKE TO THE BELIEF STATEMENTS.
SO IF OK, I'M GOING TO USE THE I WASN'T GOING TO DO THIS.
I'M GOING TO USE THE PLAYGROUNDS AS AN EXAMPLE BECAUSE YOU ALREADY HAD DISCUSSION ABOUT IT.
SO IF YOU SAID TO ME, PLAYGROUNDS, LET'S FIX THE PLAYGROUNDS, RIGHT? WE'RE GOING TO UPGRADE THE PLAYGROUNDS.
WHY DO YOU FIX THE PLAYGROUND? YOU ALL TALKED ABOUT IT.
I CAN GO BACK TO MY NOTES AND YOU TOLD ME WHY YOU THOUGHT IT WAS IMPORTANT FOR US TO DO THAT.
ACCESSIBILITY, HEALTHIER FOR KIDS, COMMUNITY BUILDING.
THAT'S THE GOVERNANCE, RIGHT? SO IF YOU CAME TO ME AND SAID, I THINK, YOU KNOW, WE WOULD LIKE TO UPGRADE THE PLAYGROUNDS, I WOULD SAY WHY AND YOU WOULD SAY BECAUSE OUR KIDS DESERVE FACILITIES THAT PROVIDE ACCESS AND HAVE A CERTAIN LEVEL OF EXPERIENCE.
[01:50:02]
SO THAT'S THE PRINCIPLE.AND SO THAT WAS THE PRINCIPLE FOR FUTURE PLANNING.
THEN AS WE'RE GOING BACK AND EVALUATING LIKE OR THINKING ABOUT, OK, WHAT IS THE WORK THAT WE HAVE IN FRONT OF US IF WE'RE REPLACING OLD SYSTEMS OR WE'RE THINKING ABOUT, YOU KNOW, FACILITIES, WE'RE THINKING ABOUT DIFFERENT THINGS.
WHAT ARE THE THINGS, THE PRINCIPLES THAT ARE IMPORTANT TO THE BOARD FOR US TO THINK AROUND? BECAUSE IF WE'RE FILTERING THROUGH CERTAIN PRINCIPLES, THEN WE'RE GOING TO COME BACK TO YOU WITH THINGS THAT YOU KNOW, THAT ALIGN TO WHAT THE BOARD THINKS IN A GOVERNANCE MANNER WE ARE RESPONSIBLE FOR KIND OF CONVENING AROUND.
DOES THAT KIND OF MAKE SENSE? YES.
AND YOU KNOW, WE DID SOME WORK A NUMBER OF YEARS AGO RELATED TO THE ACADEMY VISIONING.
AND SO THE BOARD COULD LOOK AT THAT WORK THAT WE DID BACK THEN.
SO THAT'S ONE THING, AND I THINK I'LL BE HAPPY TO PROVIDE ANY COMMUNICATION OR WE CAN TALK ABOUT IT AFTER THIS, AND THEN MAYBE WE CAN COME BACK AND BRING SOME DRAFT PRINCIPLES BACK TO THE BOARD AT AN UPCOMING BOARD MEETING.
SO WHEN YOU CONSIDER FUTURE PLANNING, YOU ALL SET THE TASK OF GO THINK, GO PLAN.
GO HERE'S THE GOVERNING PRINCIPLES.
BUT THEN THE NEXT THING WOULD BE CONVENING A GROUP TO STUDY AND INVESTIGATE.
AND SO THE QUESTION THEN WOULD BE IS THERE AN INTEREST IN THE BOARD FOR US CONVENING A CITIZENS GROUP OR STARTING TO PUT TOGETHER SOME TYPE OF A CITIZENS GROUP TO INVESTIGATE AND STUDY FUTURE PLANS? AND SO WE DO I WOULD LIKE TO ASK FOR DISCUSSION AROUND THAT SO THAT, YOU KNOW, AS WE'RE THINKING LONG TERM PLANNING HERE.
SHORT TERM FOR US BECAUSE IT'S IN THE I DON'T KNOW WHATEVER TIME FRAME, BUT WE NEED TO START THE WORK OF THINKING AND PLANNING AND INVESTIGATING AND STUDYING.
AND SO THE ADMINISTRATION IS CERTAINLY A RESOURCE IN THAT.
BUT IN THE PAST, TYPICALLY THERE'S BEEN A GROUP THAT WOULD PULL TOGETHER THAT INCLUDES FOLKS THAT ARE FROM OUR COMMUNITY THAT ARE APPOINTED BY THE BOARD AND SOME FROM ADMINISTRATION THAT PULL TOGETHER AND STUDY.
AND SO THAT WOULD BE MY QUESTION FOR THE BOARD, FOR YOUR GUIDANCE.
YOU REMEMBER WHEN WE DID THE STRATEGIC PLAN THAT WE, THE BOARD MEMBERS WERE ALLOWED TO APPOINT TWO ON THE COMMITTEE COMMUNITY COME IN TOO COMMUNITY LEADERS, PART OF THE STRATEGIC PLAN GROUP.
THE BOND COMMITTEE, LAST TIME WAS THE TASK FORCE WAS EACH BOARD MEMBER APPOINTED THREE COMMUNITY MEMBERS TO THE TASK FORCE.
SO THIS IS NOT THE STRATEGIC PLAN.
THIS IS FUTURE PLANNING FOR THE NEEDS OF THE DISTRICT? RIGHT.
WE CAN TALK ABOUT THE SIZE OF THE GROUP AND THE NUMBER OF APPOINTEES.
RIGHT NOW, I'M REALLY JUST AT THE HIGHER LEVEL OF DO YOU WANT US TO TALK ABOUT THAT? THINK ABOUT THAT AND START MOVING FORWARD ON THAT OR NOT? TO PUT A FINER POINT ON THE QUESTION, I THINK, IS, YOU KNOW THIS IS A DECISION OF THE BOARD AS TO WHETHER OR NOT WE NEED TO CONVENE, CONSIDER CONVENING A COMMITTEE OF CITIZENS TO LOOK AT FUTURE NEEDS AND DETERMINE WHETHER OR NOT WHAT OUR PATH FORWARD WILL BE.
THAT HAS BEEN THE HISTORY OF THIS DISTRICT TO DO THIS.
AND SO THE QUESTION TONIGHT IS, DO WE FEEL IT'S TIME TO DO THAT? ARE WE ANSWERING THAT QUESTION RIGHT NOW.
BECAUSE I WOULD DEFINITELY WANT TO CONVENE THE COMMITTEE OF THE CITIZENS TO LOOK AT THIS.
I THINK THE LAST TIME WE DID THAT WAS PROBABLY IN 2015, CORRECT? MAYBE, EVEN EARLIER, I CAN'T RECALL.
BUT, YOU KNOW, AS THE DISTRICT CHANGES AND THE NEEDS CHANGE AND BUILDINGS GET OLDER, THAT SORT OF THING, I THINK WE WANT THAT INPUT FROM OUR COMMUNITY TO UNDERSTAND WHERE WE SHOULD BE THINKING TO GO, SO I FULLY SUPPORT THAT.
CAN I HAVE A LITTLE MORE UNDERSTANDING OF WHAT THE PARAMETERS ARE FOR THAT COMMITTEE IN TERMS OF IS IT KIND OF OPEN ENDED ITS, YOU KNOW, WHERE DO YOU THINK WE'RE GOING OR IS IT THIS IS THE BOARD'S IDEA OF FUTURE GOVERNANCE? WHAT CHANGES DO YOU RECOMMEND THAT FIT WITHIN THIS SOMETHING LIKE THAT? SO REALLY, THE COMMITTEE WOULD BE LOOKING AT THE NEEDS OF SOME OF ITS
[01:55:05]
STANDARD NEEDS.WHAT YOU WOULD SAY WOULD BE IN A TYPICAL SYSTEMS COMPLIANCE UPDATES THAT ARE NECESSARY TO KEEP OUR BUILDINGS UP AND RUNNING.
SOME OF ITS TRANSPORTATION TECHNOLOGY, THE TYPICAL THINGS THAT A COMMITTEE WOULD STUDY AND LOOK AT WHERE ARE WE? IF YOU'LL REMEMBER, LAST SUMMER WE BROUGHT THE FACILITY ASSESSMENT TO THE BOARD TO SHOW YOU KIND OF THE BIGGER PICTURE OF WHERE THE NEEDS OF THE BUILDINGS ARE, AND WE'VE DONE A PRETTY EXTENSIVE FACILITY ASSESSMENT.
THAT GROUP WOULD TAKE THAT ASSESSMENT AND DECIDE LIKE, OK, HERE THESE ARE THE THINGS THAT NEED SOME WORK.
THERE'S ALSO A PART IN THERE ABOUT ARE THERE AND THIS WOULD BE MORE IN LINE OF THE PRINCIPLES OF THE BOARD.
BUT IS THERE INNOVATION LIKE IS THERE OTHER THINGS THAT GET US TOWARDS THE FUTURE THAT THIS GROUP MIGHT NEED TO STUDY IN A WAY OF LOOKING AT INNOVATION PROGRAMING OPPORTUNITIES FOR KIDS? OK, THAT YOU WOULD SET THE PARAMETERS AS A BOARD FOR WHAT? THAT'S WHY THOSE PRINCIPLES ARE SO IMPORTANT.
YEAH, I JUST WANT TO MAKE SURE THAT THE BOARD HAS SOME PARAMETERS THAT ARE BEING SET WITH THAT AND THAT WE'RE KIND OF STILL DRIVING THAT.
OF COURSE, WE WANT COMMUNITY INPUT, BUT WE ALSO DON'T WANT TO APPOINT A COMMITTEE THAT DRIVES THE WAGON WHERE THAT'S OUR JOB.
I ALSO THINK IT'S REALLY IMPORTANT THAT IS MY THIRD POINT IS IF THERE ARE TOPICS THAT THE BOARD ALSO, I MEAN, YOU ALL HAVE BEEN MORE ENGAGED IN THE DISTRICT THAN ANY OTHER CITIZEN IN THE COMMUNITY.
YOU GOT TO SAY THAT BECAUSE YOU ALL ARE VOLUNTEERS ENGAGED DEEPLY IN THE WORK OF THE DISTRICT, NOT THE DAY TO DAY, BUT ALL THE REST.
AND SO ARE THERE TOPICS THAT YOU WANT A COMMITTEE TO INVESTIGATE? YOU KNOW, THAT WOULD BE ANOTHER THING THAT YOU WOULD.
DOESN'T MEAN IT MAKES THE SLATE OF THE FINAL DECISIONS.
BUT ARE THERE TOPICS OR THINGS THAT YOU WOULD WANT THIS GROUP OF CITIZENS TO STUDY? BECAUSE WHAT YOU DON'T WANT IS YOU DON'T HAVE A CHANCE TO SAY, HEY, AT LEAST LOOK AT PLAYGROUNDS LIKE LET'S LOOK AT THE PLAYGROUNDS FROM A STANDPOINT OF ACCESS, INCLUSION AND ALL THAT.
AND THEN YOU COME BACK HALFWAY THROUGH THE PROCESS AND YOU KNOW THAT IT NEEDS TO HAPPEN ON THE FRONT END, THAT THE COMMITTEE KNOWS WHAT THE THINGS ARE, THAT THEY THE PRINCIPLES THAT THEY WOULD OPERATE WITHIN THAT ARE ACCEPTABLE TO THE BOARD AND THAT THE COMMITTEE IS CONSIDERING STUDYING THINGS THAT ARE IMPORTANT TO THE BOARD IN ADDITION TO THE THINGS THE COMMITTEE THINKS ARE IMPORTANT TO THE COMMUNITY FOR OUR CHILDREN.
SO THAT'S KIND OF WHERE I SEE KIND OF A THREE PRONGED APPROACH OF ONE IS WHAT ARE THE PRINCIPLES? THEN WHAT WILL THE COMMITTEE START TO FORM AND THEN THE PRINCIPLES GUIDE THEM? AND THEN THERE'S INPUT FROM THE BOARD AND THEN INPUT FROM THE COMMUNITY? I THINK IT SOUNDS LIKE A REALLY GOOD PLAN.
I DO SEE, I HOPE, A TYPO SUBMIT TO ADMINISTRATION ALONG WITH GUIDING PRINCIPLES.
IT SAYS 11-20, BUT UP HERE IT SAYS 11-30.
SO I WOULD SAY, I MEAN, IT SOUNDS LIKE IT'S BEEN SINCE 2016 SINCE WE'VE HAD A COMMITTEE LIKE THIS.
AND 2015 AND YOU KNOW, WE'RE NOW ENTERING A POST-COVID WORLD AND THERE'S BEEN A LOT OF CHANGES AND ADAPTATIONS, SOME GOOD, SOME BAD.
AND I THINK THERE'S A LOT OF DIFFERENT OPINIONS.
I THINK THE COMMITTEE, WE COULD GATHER THE SAME PEOPLE AND WE'D HAVE A VERY DIFFERENT CONVERSATION.
SO I DO THINK IN TERMS OF, YOU KNOW, I WOULD BE IN FAVOR OF BEGINNING THAT PROCESS.
I WOULD ALSO BE IN FAVOR OF BEGINNING THAT PROCESS AND TO POINT TO SOME DATA WHEN YOU LOOK AT THE CENSUS DATA FOR PLANO FOR COLLIN COUNTY FROM 2010 TO 2020.
THERE HAVE BEEN SIGNIFICANT CHANGES, LIKE DATA DRIVEN CHANGES IN OUR COMMUNITY THAT WOULD, YOU KNOW, WOULD SUGGEST THAT THE COMMUNITY HAS CHANGED.
AND I THINK THAT, YOU KNOW, THAT'S JUST ONE REASON TO DO IT, BUT THEN TO SORT OF ECHO CODY AND HAVE SOME AGREEMENT THERE THAT WE ARE COMING OUT OF THIS SORT OF HISTORICAL EVENT AND PARENTS THROUGH VIRTUAL EDUCATION AND JUST EVERYTHING THAT THE COMMUNITY HAS GONE THROUGH IN THE LAST ALMOST TWO YEARS NOW.
I THINK THE COMMUNITY IS MORE AWARE THAN EVER OF EDUCATION AND WHAT'S
[02:00:04]
HAPPENING AND THEIR CHILDREN'S EDUCATION, WHAT'S HAPPENING IN EDUCATION IN THE COMMUNITY.AND SO THAT'S A LOT MORE PEOPLE ARE THINKING ABOUT IT, RIGHT, AND IF WE'RE ENGAGING THEM AS THEY'RE KIND OF HAVING THIS REALLY GOOD BRAINSTORMING AND THOUGHT BUBBLING GOING ON.
I THINK THAT'S A REALLY A NICE TIME TO HAVE THIS KIND OF COMMUNITY INVOLVEMENT AND EFFORT.
ARE TEACHERS A PARTNER IN THIS PROCESS? THEY ARE.
WHEN I SAID THE BOARD PUTS NAMES FORWARD AND THEN ADMINISTRATION ALSO INCLUDES PRINCIPALS, TEACHERS, OTHER STAFF.
YOU SAID A WORD THAT REALLY RESONATED FOR ME EARLIER, SARA, THAT'S INNOVATION.
AND I KNOW THAT THERE ARE SOME VERY TACTICAL THINGS THAT NEED TO BE DONE.
BUT I THINK IF WE CAN FIGURE OUT HOW TO DO IT THROUGH A LENS OF INNOVATION AND THEN ALSO LOOKING AT THIS PORTRAIT OF A GRADUATE ATTRIBUTES IN TERMS OF WHAT INNOVATIONS DO WE NEED TO PUT AT EVERY CAMPUS, AT EVERY LEVEL, BECAUSE WHEN WE THINK PORTRAIT OF A GRADUATE, WE'RE NOT TALKING ABOUT WHAT HAPPENS AT THE SENIOR HIGHS.
WE'RE TALKING ABOUT WHAT STARTS HAPPENING FROM THE BEGINNING THAT KID STEPS ON A PLAYGROUND.
WE WANT TO KEEP GOING WITH THAT TO PLAYGROUND ALL THE WAY THROUGH THE PROCESS THAT IF WE'VE DECIDED THAT WE WANT ADAPTABILITY, COMMUNICATION, CREATIVITY, CRITICAL THINKING, CURIOSITY AND EMPATHY.
WHAT INNOVATIONS NEED TO BE HAPPENING TO HAVE OUR GRADUATES HAVE THAT AND THE OTHER THING WE TALKED ABOUT.
WHAT OUR SENIORS ARE GOING TO NEED TO NAVIGATE THE WORLD AND WHAT OUR KINDERGARTNERS.
WE'RE CHANGING SO RAPIDLY AND SO QUICKLY THAT WE'VE GOT TO BE ABLE TO FIGURE OUT THAT ADAPTABILITY.
I MEAN, THERE'S THIS IT'S GREAT OPPORTUNITY.
AT THE SAME TIME JUST SOMETHING THAT REALLY INSPIRES US ALL.
WHAT'S GOING TO INSPIRE? AND, YOU KNOW, OUR COMMUNITY TO HAVE US BE AGAIN, GO BACK TO THAT PLANO ISD PROUD.
WELL, JERI, I THINK TO YOUR POINT, WHEN WE DID THAT ACADEMY VISIONING SEVERAL YEARS AGO, WE HAD TO THINK ABOUT, OK, WE DON'T EVEN KNOW THE JOBS THAT THE STUDENTS THAT ARE IN OUR SCHOOLS RIGHT NOW ARE GOING TO BE WORKING IN THE FUTURE.
AND SO WE HAVE TO PREPARE THEM FOR THAT.
AND IT'S HARD TO KNOW EXACTLY WHAT THAT WILL BE.
AND I THINK THIS PANDEMIC HAS CHANGED THINGS A LOT BECAUSE PEOPLE DON'T NECESSARILY HAVE TO WORK IN THE SAME CITY THAT THEIR COMPANY IS.
SO THERE'S A LOT OF THINGS TO BE THINKING ABOUT IN THESE GUIDING PRINCIPLES AND INNOVATION AND THINKING FORWARD OF WHAT THE LANDSCAPE IS GOING TO BE FOR OUR CHILDREN WHEN THE KINDERGARTNERS GRADUATE, WHAT WILL THEY BE DOING? SO WE HAVE TO THINK LIKE THAT.
DO WE ALSO THINK ABOUT IN TERMS OF I HAD A GREAT CONVERSATION TODAY, I HEARD FEEDBACK FROM THE LEADERSHIP PLANO EXPERIENCE THAT HAPPENED LAST THURSDAY, AND IT WAS HYSTERICAL TO HEAR THIS GROUP OF PEOPLE TALKING ABOUT, YOU KNOW, THEY WERE SO EXCITED ABOUT WHERE THEY WENT ON THEIR TOUR AND THEN THEY WENT ON TO THE ACADEMY.
AND THESE STUDENTS WERE SPEAKING LIKE, WE WEREN'T REALLY SURE WHAT THEY WERE SAYING, BUT IT WAS SO IMPRESSIVE, YOU KNOW? YOU KNOW, REAL.
I MEAN, IT WAS JUST REALLY IT TICKLED ME TO HEAR LIKE PEOPLE CAME AWAY FROM THAT EXPERIENCE, JUST SO MOTIVATED AND EXCITED.
AND WHAT CAN WE MAKE SURE THAT EVERY ASPECT OF OUR DISTRICT, WHEN SOMEONE TOUCHES IT, THEY HAVE THAT INSPIRATION? I THINK THAT'S KIND OF AN IMPORTANT POINT AND TO GO BACK TO INNOVATION AND THEN LOOK AT WHAT Y'ALL DID WITH THE ACADEMY, THAT'S SIGNIFICANT THOUGHT LEADERSHIP, RIGHT? THAT IS A VERY, VERY UNIQUE PROGRAM AND SOMETHING THAT IS UNIQUE TO PLANO.
AND ONE OF THE THINGS THAT I THINK WE ALL NEED TO BE MINDFUL OF IS WE DON'T HAVE TO JUST KEEP DOING EVERYTHING THE SAME WAY.
THIS IS A REALLY WE'RE IN A SORT OF TRANSITION TIME AND THIS IS AN AREA THAT WE CAN CONTINUE WITH THAT KIND OF THOUGHT LEADERSHIP.
WE LEARNED SO MUCH IN THE LAST YEAR ABOUT HOW DO WE MEET THE WHERE IT THAT I SAW THE UNIQUE NEEDS OF EVERY SORT OF MISSION, THE UNIQUE NEEDS OF EVERY CHILD.
WHAT DO WE NEED TO DO TO PROVIDE SOMETHING THAT FOR THOSE WHO NEED VIRTUAL NEED VIRTUAL AND THEY NEED HYBRID, WHEN THEY NEED HYBRID, WHEN THEY NEED TO BE IN FRONT OF A CLASSROOM, THEY YOU KNOW, HOW DO WE FIGURE OUT HOW TO DO THAT? AND I THINK WE ARE NOW TO THE POINT WHERE WE CAN INNOVATE.
WHERE ALL FORTY NINE THOUSAND.
HOWEVER, MANY STUDENTS CAN REALLY FEEL LIKE THAT THEY HAD THAT GREAT UNIQUE
[02:05:03]
EXPERIENCE.AND THEN THE LAST THING? WALKS THE DOG TODAY, THERE'S A THEME.
JERI WALKED THE DOG AND A NEIGHBOR I HADN'T SEEN IN A LONG TIME, CAME OUT HER OLDER DAUGHTER.
SHE'S LEFT THE HOUSE, BUT SHE HAPPEN TO BE HOME.
AND SHE SAID WITH GREAT PRIDE.
I'M A VET TECH, AND I SAID, AND IT STARTED, SHE'S NOW TWENTY SIX, TWENTY SEVEN YEARS OLD, SHE SAID IT STARTED IN PLANO.
IT STARTED WHEN I DID THE VET TECH PROGRAM AND I KNEW WHAT I WANTED TO DO AT HIGH SCHOOL.
I WAS LIKE, THIS IS A COMMERCIAL.
AND SHE WAS LIKE NPISD SHOWED ME THAT AND SHE'S HAPPY AND SHE'S SUCCESSFUL AND SHE'S DOING WHAT SHE LOVED, AND SHE WAS JUST LIKE, YOU KNOW, SOMETIMES YOU WONDER, LIKE, DO I HAVE THIS? LIKE, YES, I'M A TRUSTEE, AND YOU SHOULD ALWAYS SAY POSITIVE THINGS ABOUT ME.
BUT THIS WAS A REALLY GENUINE, REALLY COOL INTERACTION TODAY.
SO OPPORTUNITY FOR EVERY KID TO HAVE THAT.
OK, SO I WOULD LIKE TO VOICE MY OPINION ON THE TASK FORCE, AND I BELIEVE THAT WE SHOULD HAVE A TASK FORCE TO INVESTIGATE OUR NEEDS.
AND THE THING IS THAT, YOU KNOW, I KNOW THAT WE HAVE AN IB PROGRAM FOR ELEMENTARY SCHOOL AND FOR HIGH SCHOOL.
AND YOU KNOW, I WONDER IF WE SHOULD INVESTIGATE THE NEED FOR BECAUSE, YOU KNOW, ACADEMICS IS VERY IMPORTANT TOO.
TRANSPORTATION IS IMPORTANT BUT ACADEMICS ARE IMPORTANT, TOO.
AND SO WE SHOULD INVESTIGATE WHAT OUR YOU KNOW OF WHAT OUR FUTURE NEEDS WILL BE.
DO WE NEED AN IB PROGRAM FOR MIDDLE SCHOOL? DO WE NEED TO EXPAND OUR SPORTS PROGRAM, YOU KNOW, EXPAND TENNIS, EXPAND OTHER SPORTS OTHER THAN JUST FOOTBALL ONLY? SO THE THING IS THAT THIS IS A GOOD OPPORTUNITY FOR US TO EXPLORE FUTURE NEEDS, SUCH AS THOSE PROGRAMS, EXPANDING THE PROGRAMS THAT WE HAVE AND JUST MOVING IT FORWARD.
I'M WAITING FOR THE LAST MOMENT TO SAY THIS, AND I REALLY AGREE WITH WHAT EVERYBODY SAYS, AND YOU KNOW, NO PLAN IS A PLAN TO FAIL.
SO WE ALSO HAVE A SAYING LIKE, YOU KNOW, A JOURNEY OF A THOUSAND MILES BEGINS WITH A SINGLE STEP PLANNING IS THE FIRST STEP.
YEAH, I JUST TO PUT A BOW ON ALL OF THIS.
I AGREE WITH EVERYTHING THAT'S BEEN SAID AND I THINK IF WE HAVE THIS CHEAT SHEET THAT SARA PROVIDED FOR US, AND AS A REMINDER, ITEMS ONE AND THREE ARE HOMEWORK ASSIGNMENTS FOR US AND WE'VE GOT SOME DEADLINES THERE TO START THINKING.
AND SO YEAH, IT'S THE SAME DEADLINE, BUT IT'S TWO SEPARATE TASKS.
AND SO THAT WAS ALL THESE TWO TASKS WERE FIRST CONTINGENT UPON THE CONVERSATION WE JUST HAD ABOUT WHETHER OR NOT IT'S TIME TO CONVENE A COMMITTEE.
AND SO IT SOUNDS LIKE WE HAVE THAT FIRST STEP.
AS HEATHER SAID, WE'VE TAKEN THAT FIRST STEP.
AND SO NOW THE HOMEWORK ASSIGNMENTS OF ITEMS ONE AND THREE TO THINK THROUGH THESE THINGS AND PROVIDE FEEDBACK BACK TO SARA AND THEN I'LL TURN IT BACK OVER TO YOU TO FINISH UP.
YOU KNOW, WE'LL COME BACK AT A FUTURE MEETING AND UPDATE ON THE DRAFT PRIORITIES, AND I'LL FOLLOW UP WITH YOU ON THE PROCESS FOR CITIZEN, YOU KNOW, NAMES FOR THE TASK FORCE OR COMMITTEE AND THEN LOOK FORWARD TO TAKING SOME NEXT STEPS.
SO I THINK, HEATHER, YOU SAID IT GREAT.
THIS IS THE FIRST STEP IN THE NEXT PART OF PLANNING FOR THE FUTURE.
THAT'S VERY IT'S EXCITING, YOU KNOW IT'S GOOD TO FEEL GOOD ABOUT THAT.
SO I APPRECIATE YOUR INPUT AND CONVERSATION THIS EVENING.
WELL, I THINK IN CLOSED SESSION, I PROMISED YOU ALL THAT THIS WOULD BE THE FUN STUFF AND THIS WAS ACTUALLY FUN, ALL THESE THINGS WE TALKED ABOUT TONIGHT.
SO WE DO HAVE ANOTHER REPORT OR SERIES OF REPORTS.
OUR FINAL REPORT ARE BOARD LIAISON AND COMMITTEE UPDATES.
AND SO FIRST, WE WILL HEAR FROM SECRETARY JERI CHAMBERS WITH REPORTS ON THE EDUCATION FOUNDATION.
DO YOU WANT ME TO KEEP THE TIME SINCE SHE'S SPEAKING? YES, SHE HAS 30 SECONDS.
WELL, I HAVE NOT BEEN ABLE TO UPDATE ABOUT PLANO EDUCATION FOUNDATION AND THE GRANTS TO EDUCATORS PROGRAM BECAUSE IT'S A SECRET SUPER SECRET MISSION.
AND THAT SUPER SECRET MISSION CONCLUDED FRIDAY, NOVEMBER THE 5TH.
UNFORTUNATELY, I WAS NOT ABLE TO ATTEND AND NO, I WASN'T WALKING THE DOG AT THAT TIME, BUT I WASN'T ABLE TO ATTEND FOR SOMETHING ELSE.
BUT I CAN HAPPILY REPORT THAT ONE HUNDRED AND TWENTY FIVE THOUSAND WERE AWARDED TO ONE HUNDRED AND TWO TEACHERS AND LIBRARIANS AT FIFTY TWO CAMPUSES.
[02:10:03]
TOYOTA STEPPED UP BIG WITH A $50,000 SPONSORSHIP THAT WE'RE VERY GRATEFUL FOR.BUT OTHER SPONSORS INCLUDED PARK PLACE LEXUS, H-E-B AND COSERV FOUNDATION.
BUT ARE THERE ANY OF US THAT ATTENDED ON THAT FRIDAY THAT WOULD LIKE TO QUICKLY REPORT ANY HIGHLIGHTS THAT WOULD BE GREAT OR SUPERINTENDENT BONSER, IF YOU WANT TO SHARE ANY IMPRESSIONS, IT'S A FABULOUS DAY.
AND ACTUALLY, I THINK WE SHOULD BE VERY IMPRESSED THAT SO MANY TEACHERS DID APPLY DURING THE TIME WHEN OUR TEACHERS ARE REALLY JUST TRYING TO MAKE IT DAY BY DAY.
AND YET AMONG US, THERE ARE THESE TEACHERS WHO WANT TO JUST CONTINUE TAKING IT TO THE NEXT LEVEL.
SO AND I WOULD HIGHLY SAY IF YOU HAVEN'T PARTICIPATED IN THE GRANT SELECTION PROCESS TO DO SO, IT'S VERY ORGANIZED AND IT'S VERY INTERESTING PERSPECTIVE TO SEE WHAT TEACHERS ARE LOOKING FOR.
ANYONE COMMENTS? I WAS JUST GOING TO ASK, HOW DOES ONE SIGN UP TO PARTICIPATE IN THE GRANT REVIEW PROCESS? I THINK YOU HAVE TO GO THROUGH JAMEE SHE WILL.
IT'S A THOROUGH PROCESS AND IT'S REALLY WELL DONE.
AND IT'S HARD SOMETIMES BECAUSE THE GRANTS, SOME OF THEM ARE JUST SO AWESOME.
YOU JUST WANT TO PICK THEM ALL AND IT'S REALLY HARD TO WHITTLE IT DOWN.
SO SHE'S GOT A REALLY WONDERFUL RUBRIC THAT HELPS YOU THROUGH THE PROCESS.
WELL, I THINK THE MAIN BENEFIT I'D BE INTERESTED IN AS A TRUSTEE IS UNDERSTANDING WHAT TEACHERS ARE ASKING FOR AND WHAT THEY DESIRE IN THEIR GRANTS.
CAN WE ASK FOR A SUMMARY SARA FROM JAMEE TO TELL US WHAT GRANTS WERE DISTRIBUTED? SURE.
SHE HAS A GRID? SHE SAYS WHAT IT IS.
WE HAVE ANOTHER REPORT FROM DR.
TYRA ABOUT THE HEAD START PARENT POLICY COUNCIL.
YEAH, SO I GOT TO PARTICIPATE TODAY IN THE FIRST HEAD START POLICY COUNCIL MEETING THAT I'VE DONE.
AND SO THIS IS OUR HEAD START PROGRAM THAT SERVES THREE AND FOUR YEAR OLDS IN THEIR FAMILIES.
AND SO THIS IS A VERY IMPORTANT PROGRAM FOR THE DISTRICT, FOR KIDS THAT NEED A SIGNIFICANT AMOUNT OF SUPPORT IN THE THREE AND FOUR YEAR OLD YEARS AND TO GET THEM READY WITH THE GOAL OF GETTING THEM READY FOR KINDERGARTEN.
AND SO THIS POLICY COUNCIL IS AND OF COURSE, THIS IS A FEDERALLY FUNDED PROGRAM THAT PLANO ISD HAS MATCHING FUNDING FOR AT AN 80 PERCENT, 20 PERCENT RATIO.
ALTHOUGH WE ARE MATCHING A LITTLE BIT HIGHER THAN THAT IN BOTH CASH AND IN KIND TO SUPPORT THAT PROGRAM.
SORRY, I CAN'T READ WHEN I TAKE THESE OFF, BUT THEY'RE FOGGING UP.
SO OUR PLANO ISD, WE HAVE A FUNDED ENROLLMENT OF ONE HUNDRED AND FORTY SIX STUDENTS AND FAMILIES WE'VE ACTUALLY SERVED AS A PROGRAM ABOUT ONE HUNDRED AND SIXTY EIGHT FAMILIES BECAUSE OF COURSE, SOME OF OUR FAMILIES ARE TRANSIENT.
THIS INCLUDES EVERYTHING FROM HIGH QUALITY PRE-K WITH CERTIFIED TEACHERS TO HELPING PARENTS WITH CLASSES LIKE COOKING CLASSES AND CAR SEAT PROGRAMS AND JUST A LOT OF REALLY GOOD WORK MEDICAL AND DENTAL SCREENINGS FOR THESE STUDENTS THAT MAY HAVE OTHERWISE BARRIERS TO ACCESS TO THOSE THINGS AND BARRIERS TO CARE.
ONE THING THAT I WAS STRUCK ABOUT IN THIS POLICY COUNCIL MEETING IS THAT IT REALLY IS A REFLECTION OF THE DISTRICT.
THEY SORT OF WENT THROUGH THE STUDENT'S HOME LANGUAGES AND THERE WERE MORE THAN 13 HOME LANGUAGES LISTED.
AND SO TO BE ABLE TO ACCOMMODATE IN PARTICULAR CHILDREN SUCH A WIDE VARIETY OF HOME LANGUAGES AND ENSURE THAT THEY'RE READY TO GO FOR KINDERGARTEN HERE IS WONDERFUL.
THEY SORT OF GO OVER PARENT OPPORTUNITIES THEY'RE LOOKING FOR TWO PARAPROFESSIONALS.
SO IT'S A SORT OF A VERY SPECIAL PROGRAM, AND I SAW THE STAFF GETTING INPUT FROM THE PARENTS IN TERMS OF WHAT QUESTIONS SHOULD WE ASK WHEN WE INTERVIEW THESE PARAPROFESSIONALS? AND WHAT KIND OF QUALITIES DO YOU THINK THAT THESE PARAPROFESSIONAL SHOULD HAVE TO WORK WITH YOUR KIDS? SO IT'S A VERY SPECIAL KIND OF POLICY PROGRAM THAT ALLOWS PARENTS TO HAVE VERY SIGNIFICANT INPUT.
ONE ASK THAT THEY DID MAKE IS THAT THEY ARE WORKING ON A PROJECT TO GET COATS FOR THE WINTER.
SO IF ANYBODY WOULD LIKE TO HELP OUT WITH SOME SPONSORSHIP FOR WINTER COATS, THAT IS A NEED THAT THEY HAVE THAT WE CAN SORT OF PROPAGATE THE SIGNAL.
AND ANYBODY INTERESTED IN SPONSORING COAT PROJECT, PLEASE SPEAK UP.
WHAT SIZE? I MEAN, THEY'RE THREE AND FOUR YEAR OLDS, SO.
[02:15:01]
I'VE GOT A TWO AND A HALF YEAR OLD, SO I DON'T GET IT.WHAT SIZE DOES A FOUR YEAR OLD WEAR? I MEAN, IT DEPENDS.
MINE WAS WEARING LIKE A CHILD SMALL, BUT HE'S GIANT, SO WE CAN FIND THAT OUT.
I'M SURE HEAD START CAN TELL US WHAT THE SIZE YEAH, YEAH.
BEFORE WE ADJOURN, THIS IS RANDALL'S FINAL MEETING WITH US TONIGHT.
AND SO IF ANY OF MY BOARD COLLEAGUES OR ADMINISTRATIVE COLLEAGUES WOULD LIKE TO HAVE A GO AT RANDY, IT'S TIME FOR THE ROAST.
I'M NOT GOING TO ROAST HIM, BUT I WROTE SOME STUFF DOWN BECAUSE I'M OLD AND I CAN'T REMEMBER THINGS RIGHT JERI.
BUT YOU KNOW, AND YOU JUST HAVE TO SIT HERE AND TAKE IT.
I'M SORRY, I'LL MOVE THE MICROPHONE CLOSER.
SO YOU HAVE THE UTMOST RESPECT IN THE STATE FOR YOUR EXPERIENCE AND LEADERSHIP IN SCHOOL FINANCE.
EVEN THOUGH WE PROBABLY WON'T BE DOING THOSE ANYMORE.
BUT YOU KNEW IT AND YOU HELPED US THROUGH THAT PROCESS, AMAZINGLY.
YOU WERE PRESIDENT OF TASBO, WHOSE ACRONYM STANDS FOR TEXAS ASSOCIATION OF SCHOOL BUSINESS OFFICIALS.
A LOT OF PEOPLE DON'T KNOW WHAT THAT IS, BUT YOU CREATED THE CENTER FOR SCHOOL FINANCE THAT IS NOW A LEADING SCHOOL FINANCE RESOURCE IN THE STATE OF TEXAS, AND IT SERVES HUNDREDS OF SCHOOL DISTRICTS.
EARLIER THIS YEAR IN THIS BOARDROOM DURING COVID, THE TASBO EXECUTIVE DIRECTOR MADE A SPECIAL TRIP.
IF YOU ALL REMEMBER, WE WERE HERE TO AWARD YOU IN PERSON THE COMMITMENT TO EXCELLENCE AWARD, AND IT IS THEIR HIGHEST INDIVIDUAL HONOR GIVEN BY TASBO FOR YOUR CONTRIBUTIONS TO TASBO TO THE SCHOOL BUSINESS PROFESSION AND PUBLIC EDUCATION THROUGHOUT YOUR CAREER, YOU'VE LED PISD FINANCE TEAM THROUGH A VERY DIFFICULT TIME DURING A PANDEMIC, A WINTER STORM.
AND I SAY THAT BECAUSE OF FACILITIES RIGHT? AND SCHOOL FINANCE CUTS AND TAX COMPRESSION AND ALL OF THAT FUN STUFF, YOU'VE CONSISTENTLY STUDIED FEDERAL, STATE AND LOCAL GOVERNMENT OPPORTUNITIES FOR ANY AVAILABLE PUBLIC FUNDING.
AND YOU'VE ADVOCATED PURPOSEFULLY AND INTELLIGENTLY AT THE STATE LEGISLATIVE LEVEL AND HELPED US DEVELOP MEANINGFUL LEGISLATIVE PRIORITIES WITH THE DATA TO SUPPORT THEM.
YOU HAVE AN AMAZING LEVEL OF PATIENCE.
[LAUGHTER] RIGHT? LOOK AT HIM.
WE HEARD IT TONIGHT, RIGHT? ALWAYS WITH THE PRIORITY OF STRATEGICALLY AND EQUITABLY MANAGING OUR RESOURCES TO MEET STUDENT NEEDS AND ALIGN OUR PRECIOUS RESOURCES AND THEIR ALLOCATION TO DISTRICT GOALS.
YOU HAVE AN AMAZING WET AND A DRY SENSE OF HUMOR, AND YOU LEAVE REALLY BIG SHOES TO FILL.
BUT I KNOW YOU'VE GIVEN YOUR SINCERE APPROVAL TO JOHNNY HILL, OUR NEXT CFO.
AND WE LOOK FORWARD TO WORKING WITH HIM, SO WE'LL MISS YOU TERRIBLY.
WISH YOU THE BEST ON YOUR NEXT CHAPTER.
AND I KNOW THAT INCLUDES A NEW GRANDBABY.
RANDY THE THING IS THAT WHEN YOU CAME ON BOARD FOUR YEARS AGO TO THIS DISTRICT, I CAME ON BOARD TO THE SCHOOL BOARD AND WE ACTUALLY STARTED THE SAME YEAR TOGETHER.
AND I WANT TO SAY SOMETHING YOU'RE HIGHLY, YOU KNOW, VERY QUALIFIED CFO, HIGHLY INTELLIGENT.
BUT WHAT I WANTED THE PUBLIC TO KNOW IS THAT YOU ARE VERY KIND, VERY SWEET AND VERY THOUGHTFUL.
I THOUGHT THIS WAS SUPPOSED TO BE A ROAST.
I WILL SAY YOU'RE THE MOST QUALIFIED BUS DRIVER I'VE EVER MET.
[LAUGHTER] YOU CAN STILL DRIVE A BUS AND YOU OBVIOUSLY LEAVE BEHIND A LEGACY NOT JUST IN PLANO ISD, BUT THROUGHOUT THE STATE, WHICH IS AS A CULMINATION OF A LIFE'S EFFORT.
SO THAT'S JUST THAT'S SOMETHING TO BE PROUD OF.
AND YOU KNOW, I'M A YOUNG MAN.
I'M WORKING ON WHAT I'M GOING TO DO.
AND WHEN I LOOK AT SOMEBODY THAT'S, YOU KNOW, PUT IN THE YEARS AND THAT KIND OF WORK ETHIC, I THINK WHEN WE THINK ABOUT A STRATEGIC PLAN DOWN THE ROAD, I THINK ONE THING WE WANT TO INSTILL OUR KIDS WITH IS A WORK ETHIC, A DESIRE TO WORK AND IMPROVE OUR COMMUNITY.
AND SOMETIMES THAT MEANS GETTING YOUR HANDS DIRTY AND SOMETIMES IT MEANS SITTING BEHIND A DESK.
BUT WORK ETHIC IS IMPORTANT AND YOU'RE NOT IN SHORT SUPPLY OF THAT SO THANK YOU FOR ALL OF YOUR YEARS OF SERVICE.
SO ONE OF THE THINGS NANCY ACTUALLY LEFT ONE OF THE THINGS OFF OF MY LIST.
IT'S GREAT ACCOLADES AND CODY HINTED AT IT WITH THE LEGACY.
BUT WE ARE A LEARNING INSTITUTION AND IF THERE'S ANYTHING THAT I'VE HEARD
[02:20:04]
ABOUT YOU, IS THAT WHAT YOU TAUGHT OTHERS AND THAT THERE IS NOT VERY MANY CFOS IN THE STATE WHO HAVE NOT LEARNED SOMETHING FROM YOU.SO THAT IS A LEGACY OF CONTINUING ON AND THE LEGACY IS REAL.
AND SO YOU SOMETIMES DON'T HAVE ANY CLUE HOW MANY PEOPLE YOU'VE TOUCHED.
BUT KNOWING YOU, RANDY AND THE MODEL THAT YOU HAVE SET FOR ALL OF US, I KNOW THAT THERE ARE LOTS OF PEOPLE WHO ARE VERY GRATEFUL FOR YOUR MENTORING, YOUR TEACHING, AND OUR STATE IS VERY LUCKY FOR THAT BECAUSE THAT MEANS YOU'VE MADE AN IMPACT ON A WHOLE BUNCH OF KIDS LIVES.
WHEN I HEARD RANDY WON THE AWARD THAT NIGHT, I DID HAVE A FEELING LIKE.
[LAUGHTER] SO THAT'S JUST THE FEELING, YOU KNOW, WE WILL MISS YOU TERRIBLY.
AND I'M LOOKING FORWARD TO THE CELEBRATION ON FRIDAY AND OF YOUR GREAT CAREER.
AND I MEAN, WHAT IMPRESSED ME MOST REALLY IS YOUR KINDNESS AND YOUR PATIENCE.
YOU KNOW HOW MANY TIMES I PESTERED YOU WITH THE QUESTIONS? MY YOU KNOW, YOU MIGHT SEE IT AS VERY NAïVE, BUT YOU NEVER MADE ME FEEL THAT WAY.
IT'S JUST AMAZING EXPERIENCE AND WE'LL MISS YOU.
AND WE'RE LOOKING FORWARD TO WORKING WITH JOHNNY IN THE FUTURE.
BUT DO WE WANT TO JUST SAY HE'S OK? SO NOBODY YOU WISH.
I STILL LIKE FOR HIM TO MAKE A VIDEO OF THE COPPER PENNIES AND THE GOLDEN PENNIES AND HELP US ALL FIGURE ALL THAT OUT.
I'LL PROBABLY DO THAT THIS WEEK.
SO I AS THE SORT OF SHORTEST SERVING TRUSTEE I'M A LITTLE BIT SAD BECAUSE YOU'RE JUST SUCH THIS LIKE WEALTH OF KNOWLEDGE.
AND WHEN I GOT ELECTED AND YOU STARTED TALKING ABOUT PENNIES AND I, I EMAILED YOU AND I SAID, OK, CAN WE CAN WE TALK ABOUT THE PENNIES? BECAUSE THIS IS NOT SOMETHING THAT HAPPENS IN CORPORATE FINANCE, RIGHT? SCHOOL FINANCES IS INCREDIBLY COMPLICATED AND CONVOLUTED.
AND YOUR WILLINGNESS TO TAKE THE EXTRA TIME AND PROVIDE THAT TEACHING AND THAT GUIDANCE AND THAT KNOWLEDGE REALLY JUST GOES TO SHOW THE YOU KNOW, LIKE EVERYONE HAS SAID, THE KINDNESS AND THE KNOWLEDGE AND THE WILLINGNESS TO SHARE THAT.
AND SO I'LL ECHO THAT YOU HAVE VERY LARGE, YOU'RE LEAVING VERY LARGE SHOES TO FILL, BUT DEFINITELY LOOKING FORWARD TO WORKING WITH JOHNNY AND CONTINUING THAT LEGACY.
YOU'VE BEEN JUST A GREAT COLLEAGUE, TEAM MEMBER, THOUGHT PARTNER AND THE LEVEL OF PATIENCE THAT YOU HAVE WITH US AND EVERY TIME WE COME ASKING AND I MEAN, YOU REALLY TAKE THE TIME TO UNDERSTAND THE NEEDS, YOU CARE ABOUT KIDS.
YOU'RE ONE HUNDRED PERCENT ONE OF THE MOST AUTHENTIC PEOPLE I KNOW YOU'RE GOING TO BE MISSED GREATLY.
I'M KIND OF MAD AT YOU BECAUSE I'M NOT REALLY READY FOR THIS.
JOHNNY TOMORROW I WILL BE OK, BUT TONIGHT I'M STILL KIND OF HOLDING ON.
I THINK YOU, YOU KNOW, YOU'RE LEAVING JUST A LITTLE TOO MANY YEARS TOO SOON, BUT I'M VERY HAPPY FOR YOU.
I'M VERY HAPPY FOR YOUR NEXT JOURNEY.
SO THRILLED ABOUT YOUR NEW GRANDBABY.
YOU'RE GOING TO BE MISSED GREATLY.
AND I CANNOT THANK YOU ENOUGH AND APPRECIATE YOU SO MUCH FOR BEING JUST A GREAT TEAM MEMBER.
AND GOOD TO ALL OF US AROUND OUR BIG TABLE, SO THANK YOU.
AND MOST IMPORTANTLY, THANK YOU FOR BEING A GREAT FRIEND.
YOU KNOW, THERE'S ONLY ONE, RANDY, SO WE'RE GOING TO MISS YOU TERRIBLY AND YOU KNOW, I'VE HAD THE OPPORTUNITY TO WORK WITH YOU IN TWO DISTRICTS, AND IF YOU WERE STICKING AROUND AND THERE WAS A THIRD, I'D WORK WITH YOU THEN TWO, RIGHT? AND SO I KNOW.
THERE'S JUST THE AMOUNT OF RESPONSIBILITY THAT YOU'VE CARRIED ON YOUR SHOULDERS FOR A VERY LONG PERIOD OF TIME.
NOBODY KNOWS, YOU KNOW, RANDY, HE KNOWS HIS PEOPLE, HE KNOWS HIS BUSINESS, AND
[02:25:04]
HE KNOWS THE AMOUNT OF WORK IT TAKES TO MAKE ALL THAT LOOK EASY IS NOT EASY.YOU KNOW, WE WERE TALKING LAST WEEK AND YOU KNOW, HE WORKS TILL 11 O'CLOCK AT NIGHT LIKE EVERY NIGHT AND YOU SHUT THE LIGHTS OFF AND YOU GO HOME AND THEN YOU GO HOME AND RANDY TURNS THE LIGHT BACK ON AND GOES BACK TO WORK.
JOHNNY, I'M NOT RECOMMENDING THAT, BUT I DO KNOW WHEN CODY TALKED ABOUT WORK ETHIC.
THERE'S A REASON THINGS LOOK SO GOOD WHEN RANDY'S TOUCHED IT.
IT'S BECAUSE THAT IS THE LEVEL OF WORK AND CARE AND LOVE HE PUTS INTO THE JOB THAT HE'S DONE FOR THE LAST THIRTY FIVE YEARS.
AND, YOU KNOW, THERESA SAID IT.
I'M HOLDING THAT FOR FRIDAY, SO I'M STILL IN DENIAL UNTIL FRIDAY.
WELL, I THINK YOU CAN SEE HOW LOVED YOU ARE AND HOW YOU'RE GOING TO BE MISSED, AND WE APPRECIATE EVERYTHING YOU'VE DONE FOR US AS A GROUP AND FOR ME PERSONALLY.
AND I WOULD SAY THAT THIS IS THE THIRD TIME I'VE GONE THROUGH THIS.
AND SO WHAT I'VE LEARNED IN MY HISTORY IS THAT OLD CFOS NEVER DIE.
THEY JUST MOVED TO THE BAR AT TASA TASB.
[LAUGHTER] SO INSTEAD OF GOODBYE, I'LL JUST SAY, SEE YOU ON DOWN THE ROAD.
WELL, THANK YOU ALL FOR YOUR VERY KIND WORDS.
IT'S TRULY BEEN A BLESSING TO WRAP UP HERE AT PLANO, I GUESS AT LEAST WRAP UP THE CFO ROLE.
I MEAN, THE GOOD LORD'S TAKING GOOD CARE OF ME AND THE TIMING COULDN'T BE ANY BETTER WITH A NEW OPPORTUNITY WITH THE GRANDBABY COMING MIGHT BE COMING RIGHT NOW.
IT COULD BE COMING ANY TIME, BUT I VERY MUCH APPRECIATE THE ADMIN THAT I'VE GOT TO WORK WITH MY PEOPLE THAT I LEAVE BEHIND.
IT'S ALWAYS HARD TO LEAVE YOUR STAFF BECAUSE THEY'RE SUCH A GREAT GROUP.
I MEAN, THEY REALLY ARE, AND JOHNNY GETS TO INHERIT A TREMENDOUS STAFF.
BUT YOU KNOW, I APPRECIATE THE BOARD AND I APPRECIATE Y'ALLS SUPPORT.
OBVIOUSLY, SARA WAS A BIG KEY TO ME COMING HERE, AND THERESA'S BEEN AMAZING TO WORK WITH AND WE'VE JUST GOT A GREAT TEAM.
BUT THE BOARD'S BEEN VERY SUPPORTIVE, VERY SUPPORTIVE OF ALL OF US.
EVEN IN THESE TOUGH TIMES, THE BOARD STUCK BEHIND US AND YOU CAN'T DO THESE JOBS WITHOUT SUPPORT AND YOU'VE GOT TO HAVE EACH OTHER AND YOU'VE GOT TO HAVE SUPPORT AND YOU'VE GOT TO HAVE A STRONG TEAM AND WE'VE HAD ALL THAT.
THAT'S WHY WE PERSEVERED AND SO, YOU KNOW, THERE'S A BRIGHTER FUTURE AHEAD, WE'RE GOING TO GET THROUGH ALL THIS AND THINGS ARE GOING TO BE GREAT AGAIN.
SO I GUESS I'LL SAVE THE REST OF MY WORDS FOR FRIDAY.
BUT THANK YOU ALL AGAIN FOR THE VERY KIND WORDS.
AND I MEAN, REALLY, WHEN YOU START IN THIS PROFESSION, YOU REALLY CAN'T EVEN WHEN YOU REALIZE YOU'RE GOING TO STICK WITH IT, YOU REALLY CAN'T EVEN DREAM OF RETIRING FROM SOMEWHERE LIKE I'M GETTING THE OPPORTUNITY TO RETIRE FROM WITH THE PEOPLE I'M GETTING TO RETIRE.
BUT AS I TOLD SARA AND THERESA YESTERDAY, IT'S WAY EASIER TO LEAVE WHEN YOU'VE GOT SOMEBODY REALLY STRONG COMING IN BEHIND YOU.
AND YOU KNOW, I KNOW IT WAS HARD FOR STEVE TO LEAVE AND IT'S HARD FOR ME TO LEAVE.
BUT JOHNNY'S EXTREMELY HIGHLY QUALIFIED AND A FEW MONTHS FROM NOW, YOU ALL WILL SAY RANDY, WHO AND I'M OK WITH THAT.
SO, YOU KNOW, AS STEVE, I PROBABLY SHOULDN'T SAY WHAT STEVE SAID.
BUT STEVE TOLD RICHARD, HE SAID, WELL, IT LOOKS LIKE PLANO UPGRADED ONE MORE TIME.
[LAUGHTER] SO I DON'T KNOW WHO THAT WAS A KNOCK ON.
BUT SINCE JOHNNY'S THE LAST ONE, I THINK HE'S THE WINNER IN THAT COMMENT.
SO ANYWAY, IT IS EASIER TO LEAVE WHEN YOU KNOW YOU'RE LEAVING IT IN GOOD HANDS AND IN GOOD SHAPE.
AND SO A LOT OF CREDIT TO EVERYBODY, I THANK, Y'ALL.
ALL RIGHT, RANDY, WELL WE APPRECIATE IT, AND IF THERE IS NO FURTHER BUSINESS OR ANY OBJECTIONS FROM THE BOARD, THE MEETING IS NOW ADJOURNED.
THE TIME IS 10:16.
* This transcript was compiled from uncorrected Closed Captioning.