Bemidji school board approves LTFM plan, shares superintendent evaluation
Jul. 18—BEMIDJI — Projections, plans and policies took up much of the
Bemidji Area Schools
Board of Education's regular meeting on Monday, marking the start of a new fiscal year as well as the one-year mark for Superintendent Jeremy Olson.
Among other items, the board unanimously approved the district's long-term facilities maintenance plan, for which the Minnesota Department of Education requires annual approval.
District Business Director Ashley Eastridge presented three parts that comprise the plan including a 10-year expense plan, a 10-year revenue projection and a statement of assurances that funds will be spent in ways that comply with state statutes for allowable spending.
Eastridge further explained that LTFM funds are restricted for uses including deferred capital expenditures and maintenance projects that prevent further erosion of facilities, increasing accessibility of school facilities, and health and safety projects.
"The 10-year expense plan is derived by populating the various expense categories with projects from our 10-year planning schedule," Eastridge said. "If at some time we decide to do a major project, we can modify the schedule accordingly.
"The 10-year revenue projection is derived by using current data, including enrollment and building ages and rolling them forward. If we have a large project that qualifies for additional funding, we can request additional levy authority by providing specific project data to the department for approval."
Eastridge noted the LTFM plan's role within the district's
summer capital projects schedule, which was presented to the board at its May 15 meeting.
"(The summer capital projects schedule) included projects that are funded with both operating capital and LTFM funds," Eastridge said. "Those projects that were funded with the LTFM funds are mainly selected based on our 10-year LTFM plan."
Eastridge noted in May that capital projects will include LED lighting improvements at Northern and Lincoln Elementary and at the Paul Bunyan Center; milling, repaving and seal coating roads and parking lots at Bemidji Middle School; elevator cab repair and replacement at BMS and the district office; and other general projects.
Toward the end of the meeting, the board shared outcomes of Olson's evaluation that was conducted in closed session at its
June 26 meeting
following his first year in the district.
Board chair Ann Long Voelkner noted several performance measures were considered during the board's discussion and shared a summary of Olson's evaluation on Monday.