Dierks School Board June Meeting

The Dierks School Board met this week and approved several end of year items. The board adopted a resolution with a proposed budget of expenditures with Tax Levy for fiscal year July 1, 2020 to June 30, 2021, which also included a petition setting the date of the Election for September 10, 2019. Board members also approved renewing insurance policies with the Arkansas School Board Association.

In other business, the board passed unanimously to submit an application for a permit to issue bonds for $3,150,000 in refunding and construction bonds to the State Department of Education and to employ First Security Beardsley as Fiscal Agent.

Board members also passed a resolution that any amount over $720,000 in the operating fund after categorical and restricted are removed may be moved to the building fund prior to June 30, 2019.