In addition to routine items on the agenda, such as approving the payment of bills and the hiring of new employees, board members will hear a report from the district finance director on the topic of school bond funding.
Uncertainty about the status of state aid for school bonds and interest will be a focus of Finance Director Ken Larsen’s report. The state legislature is considering changing the way Kansas funds education. Currently districts can only use bond funds for capital improvements. For the past two decades, the state has assisted districts with these types of building and renovation projects by paying for a percentage of voter-approved bond and interest payments. Among school funding changes proposed during the current session of the state legislature, after July 1 Kansas may no longer pay for any portion of bonds approved by voters. Although De Soto still has voter authorization to sell $23 million in additional school bonds, whether those bonds will still be eligible for state aid after next July is unknown.
The Board of Education meeting, which is open to the public, will take place in the district Administration/Board of Education Building; 35200 West 91st St.; De Soto, KS 66018.
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