1. Opening Activities

2. Old Business

Since Bond rates have achieved a favorable level, it is the recommendation of the Business office to pursue the refinancing of prior bond issues approved by the Board of School Directors at the January 26th Special board Meeting, to result in a savings to the district of aproximately $ 400,000.

3. New Business

Discussion Item: This is in connection with Bus Drivers hired prior to the implementation of required clearances that are grandfathered. Should the District require additional clearances. Discussion regarding cost impact.

The State Base Index is adjusted for each School District by their prior year Market Value/ Personal Income Ratio. Due to the Budget Impasse The Warren County School Districts Adjsuted Index only recently became available. This is he rate of increase by which the School District may increase Property Taxes without going to referendum. In addition, if the board of School Directors elects to pass a resolution not to increase taxes above the Index, a Preliminary Budget does not need to be passed During January 2010. The Warren County School District's Adjusted Index for 2008-2009 was 5.9% and 6.3% for fiscal year 2009-2010 and 4.2% for 2010-2011.

Harcourt will discount the K-5 consummables by 25% if we place this order before the end of Oct. This cost proposal represents our "best" estimate of what will be needed for next year. We must accept delivery of these this year, but can delay the billing until after July 1, 2010.

Both special education and Title I have money set aside in their stimulus grants for RedCat systems

4. Informational Items

Warren County Tax Collection Commission formed at the September 17, 2009 initial meeting. Officers were elected and Auditor and Solicitor were appointed.

5. Other

6. Closing Activities