Ector County Independent School District

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Trustees approve issuance of tax notes

The Ector County ISD Board of Trustees held its regular meeting for October on the 18th, a recap of the agenda is below.

 

Buice Elementary School students Anai Lopez & Jordyn Jones led the pledges of allegiance.

 

 Pledgers

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Pastor Jeff Turner of Stonegate Fellowship gave the invocation.

 

The special presentations included the introduction students from Germany visiting our school district and community through the GAPP exchange program, the announcement of Sam Houston Elementary counselor Christy McGuire as the World Class Leader in Education Award winner for October (pictured below), recognition of SM Energy as a Stand Up for Texas Public School honoree, and introduction of seven students (from Odessa High School – Viney Regunath, National Merit Scholarship Program Commended Student; Nicholas Arreguy, Ethan Rubalcado, & Jake Almanza National Merit Hispanic Scholars; from Permian High School – Slade Lee, National Merit Scholarship Commended Student; Mercedes Elguezabal & Robinne Rios National Merit Hispanic Scholars) for recognition in the National Merit Scholarship program.

 

 World Class Leader in Ed

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A.      Trustees heard a Dyslexia Awareness Month presentation. Jacqui Gore spoke to the board on behalf of the Dyslexia Parent Network. She told the story of her own daughter being diagnosed with Dyslexia and their efforts to learn more about it and understand how to support her. She and her family helped start the local parent network as a vehicle to help other parents find resources for their children, encourage them, and improve Dyslexia services provided to the students and families. Mrs. Gore praised the teachers and specialists who have worked with them, and asked district officials to work to identify more students, train teachers to know how to recognize signs of Dyslexia, and offer more support.

 

B.      Trustees voted 7-0 to approve Texas Education Agency mandated school improvement plans. Principals presented the plans and their overarching goals at last week’s Work Study. You can find the plans in this meeting’s Agenda Packet at this link https://v3.boardbook.org/Public/PublicMeetingMaterials.aspx?ak=68901&mk=50219074.

 

C.      Trustees voted 7-0 to approve a resolution authorizing the Issuance of Maintenance Tax Notes Pursuant to Section 45.108, Texas Education Code. Faced with an approximate loss of nearly $15 million in local funding (due to the decline in appraised values) school board members voted to allow district administrators to issue Maintenance Tax Notes as a source of money to help cover operating costs in the coming months, if necessary. The fall months, through December, are usually low cash flow months as taxes are just beginning to be collected. Issuing tax notes would be similar to a line of credit; a short-term loan to be paid back right away (with May 31 being the latest date for repayment.) District leaders are concerned that slow tax collections and/or delayed payment of state funding could put the school district in a situation where long-term investments or the district’s fund balance would have to be used to meet operating costs. To be noted: the interest paid on the tax notes could be lower than the interest gained on the long-term investments and ECISD’s fund balance is approximately $38 million which is slightly below the recommended amount of 15% of a district’s total budget. The votes allows the district to issue tax notes up to $20 million dollars, which is approximately one month of operating costs.

 

D.     Trustees voted to approve the reappointment/appointment of members to the Student Health Advisory Council (SHAC). The board approved five Parent Members: Dawn Weaks, Holly Moore, Amanda Varela, Amanda Fox, and Gerardo Valles; and two Community Members: Renee Morris and Larissa Guevara.

 

E.      Trustees voted 7-0 to approve the Consent Agenda. The Consent Agenda is a group of routine or previously discussed items presented for approval at one time. Included in this month’s Consent Agenda were out-of-state travel for OHS and PHS German students, OHS guitar students, and George H.W. Bush New Tech Odessa Model Organization of American States students; a Memorandum of Understanding with Harmony Home; and additional T-Tess appraisers.

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F.       There was no closed session.

 

The meeting adjourned at 7:16 p.m.




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