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Greenwood School Board Approves Long-Term Capital Improvement Trust Fund

Saturday, May 14th, 2016 -- 6:49 AM

-The Greenwood School Board approved establishing a long-term capital improvement trust fund at their meeting on Monday.

The board reviewed and adopted a 10-year Capital Improvement Plan for the district and adopted a resolution to establish a Fund 46 Account, or Long-Term Capital Improvement Trust Fund, which allows the district to save money to pay for future capital improvements. The NEOLA Draft policy manuals were also distributed to the board. The policy review and adoption plan will begin in June and run through December. The board approved changing the 2016-17 school calendar by switching the staff in-service day on March 17th 2017 to February 10th 2017. Students will now attend school on March 17th and have off on February 10th.

The board also approved student applications for Youth Options and 2016-17 Open Enrollment applications. The board discussed and then approved the Outdoor Classroom Project and they will be provided updates and input as the project proceeds. This project is being completely funded through donations and grants. The board also reviewed a preliminary list of summer maintenance projects and cost estimates are currently being sought and, finally, the board approved the 2016-17 teacher contracts and a salary increase has not been approved as yet.

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