Sangamon Valley CUSD 9 board meeting, date not confirmed yet

22 min

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What happened

What happened at this meeting

School board takes up $1,537,500 working cash bond resolution for transportation fleet costs 16:27

  • In the superintendent's report, a district staff member said the district negotiated a 4% interest rate on its regular account at Scott State Bank and an offer of 4.25% on any additional CDs. 5:45
  • The staff member said 50% of districts in Illinois are in deficit and the district is not among them. 12:00
  • The chair announced that a Sports Boosters request to use the building January 15th through the 17th passed 7⁠-⁠0. 15:41
  • The board took roll call votes on a resolution for the issue of a $1,537,500 taxable general obligation school bond to increase the working cash fund, and on moving $400,000 from working cash to the education fund. 16:52
Item by item (11)
  1. Opening and closed session 0:00
    • The meeting opened with a roll call and the pledge. 0:00
    • The chair called for a motion to go into closed session for the reasons stated on the agenda, and the roll call tally was read as 6⁠-⁠0⁠-⁠1. 1:29
    • The chair called for a motion to accept the closed session minutes as read in closed session. 1:42
  2. Employment actions 2:02
    • A motion was made and seconded to employ a volunteer middle school boys basketball coach pending a successful background check. 2:35
  3. Consent agenda 3:01
    • The chair called for a motion to approve the consent agenda as presented, and a roll call followed. 3:01
  4. IASB update and building reports 3:27
    • The chair said there was no IASB update other than that a conference is next month. 3:27
    • A speaker asked whether a middle school enrollment chart showing 25⁠-⁠26 was last year's and said middle school scores were a little concerning, asking to address them next month. 4:02
    • A staff member said the scores could reflect any number of reasons and the district could look at them for next month. 5:26
  5. Superintendent's report 5:45
    • A staff member said the district was well on track with its strategic plan and that next year would be its last year. 5:54
    • The staff member said the district's regular account would earn 4% interest, CDs currently earn 3.5% and additional CDs would earn 4.25%, and the tax levy would come to the board next month. 8:01
    • The staff member said sales tax revenue from the counties is up about 7% and the state took in $1 billion more than anticipated. 10:55
  6. School improvement plans 14:38
    • A staff member recommended the board accept the school improvement plans, and the chair called for a motion to accept the FY 2027 plans as presented. 14:38
  7. Facility use requests 15:14
    • The Sports Boosters requested to use the building January 15th through the 17th. 15:14
    • The chair announced the Sports Boosters request passed 7⁠-⁠0. 15:41
  8. Working cash bond resolution 16:27
    • A staff member said the self-funded working cash bond was meant to offset transportation fleet costs. 16:27
    • The motion was to adopt a resolution for the issue of a $1,537,500 taxable general obligation school bond Series 2026B to increase the working cash fund. 16:52
  9. Working cash fund transfer 17:28
    • A staff member recommended moving $400,000 of working cash to education to self-fund the bond, saying the money earns 3.5% now and would earn 4.5% through the bond. 17:28
  10. School activity bank accounts 18:29
    • A staff member proposed moving the intermediate school activity account to Scott State Bank to earn 4% interest. 18:29
    • A speaker asked about a 2-signature requirement for checks, and the staff member said the checks have always been 1-signature checks. 18:52
  11. Adjournment 21:02
    • The chair said the next regularly scheduled meeting is November 18th and called for a motion to adjourn. 21:02

Written by software from the meeting's transcript and checked sentence by sentence against it.

Who spoke

Who spoke

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Video: posted by the district as “Board Meeting 10/21/26”