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HomeMy WebLinkAbout2018_05_17 Board Minutes IDAHO FALLS SCHOOL DISTRICT NO. 91 BOARD OF TRUSTEES – WORK SESSION DISTRICT ADMINISTRATION OFFICE – 7:00 P.M. 690 JOHN ADAMS PARKWAY WEDNESDAY, MAY 17, 2018 Present from the Board of Trustees: Present from the Administration: Lisa Burtenshaw, Board Chair George Boland, Superintendent Dave Lent, Member (via telephone) Carrie Smith, Director of HR & Business Deidre Warden (via telephone) Sarah Sanders, Director of Secondary Education Larry Haws, Vice Chair Margaret Wimborne, Director of Communications Larry Wilson, Treasurer & Community Engagement Angela Pendlebury, Comptroller Guests: Mike Clements, CEO, Bateman-Hall & D91 CMGC Chairman Burtenshaw called the meeting to order at 7:04 PM. ADOPT AGENDA Trustee Haws made a motion to adopt the agenda. Trustee Wilson provided the second. Motion carried 5 ayes, 0 nays. WORK SESSION a. Workers Comp Self-Insurance - Chad Ranstrom, Moreton & Co. Carrie Smith reviewed that the district is looking at around a $150,000 increase in worker’s comp insurance and with our current carrier, State Insurance Fund, one bad year stays with the district for three years. The district is looking to see if it makes sense to pursue the self-insurance route to save money. Carrie introduced Mr. Chad Ranstrom with Moreton & Company who provided a handout and reviewed the preliminary feasibility study prepared for District 91. A discussion was held regarding further research to see what other public entities are doing and start the application process with the State Department of Insurance. This does not commit the district to anything until we know if the application is approved, which takes 4-6 months, and then the Board would vote on it. Board members also asked Chad to get some five-year cost savings from other entities for the board to review. b. High School ReDesign Discussion Superintendent Boland stated the Board of Trustees wanted to review the costs associated with specific pieces of the project one more time. Carrie Smith provided a financial handout regarding general fund and SPFF balances, and the non-allocated items identified by the Board to help them come together on the scope of work and a bond amount. The new proposal includes:  A base bond of $86.2 million to make extensive renovations to Skyline High School, construct a new Idaho Falls High School and begin converting the current Idaho Falls into a Career-Technical Education Center. 05/17/2018 D91 Board Minutes Page 1 of 2  Patrons also would have the opportunity to vote separately on adding $13.3 million in amenities such as a district performing arts center at Skyline High School and an innovative space at the new Idaho Falls High School that could be used for an auxiliary gym, arts performances and more.  If voters approve the bond, the district will use reserve moneys to pay for some additional projects such as an outdoor track at the new Idaho Falls High School and an indoor track at Skyline High School. The district also is planning to use additional reserves to make site improvements at Skyline High School that will improve safety and traffic flow at the school. CONSENT AGENDA a. Matching Funds Request – Fox Hollow Elementary (Revised) Superintendent Boland stated there was an error on the Fox Hollow request approved at the previous meeting. The amount was approved as the district’s share was $5,395.50, what they need to complete the project is $6,594.50 for the district’s share, the school’s match would be the $5,395.50 for a total of $11,990.00. Trustee Wilson made a motion to accept the amended amount of $6,594.50 for the Fox Hollow Elementary matching fund request. Trustee Haws provided the second. Motion carried 5 ayes, 0 nays. ACTION ITEM a. High School ReDesign Resolution Trustee Wilson made a motion to move forward with the high school redesign projects with a base amount of 86.7 million, with a tiered amount of 13.3 million, to be held on August 28, 2018. Trustee Warden provided the second. A discussion was held regarding a base amount of 86.2 million. Trustee Lent made a motion to table the motion. Trustee Wilson provided the second. Motion carried 5 ayes, 0 nays. Trustee Wilson then made a motion to move forward with the high school redesign projects with a base amount of 86.2 million, with a tiered amount of 13.3 million for a total of 99.5 million, to be voted on in August 2018. Trustee Lent provided the second. No further discussion. Motion carried 5 ayes, 0 nays. Chairman Burtenshaw thanked the administration, the CMGC, and board members for their diligence and hard work to really look hard at these numbers and bring this forward. Trustee Haws made a motion to adjourn. Trustee Wilson provided the second. The meeting adjourned at 8:20 PM. 05/17/2018 D91 Board Minutes Page 2 of 2 Idaho Falls School District .� Workers Compensation : Partial Self-Funding :_i".,s MORETON &COMPANY Options for Workers Compensation • Fully Insured through the Idaho State Insurance Fund • Self-fund %'�. MORETON &COMPANY Reasons to Consider Self Funding • Improved Claims Service • Engage with a 3rd Party Claims Administrator • Safety and Loss Control • Proactive approach to claim trending and analysis • Tailored safety program • Cost Savings v `-z MORETON &COMPANY Partial Self- Funding • District purchases excess coverage that would protect them in the event of a catastrophic occurrence or a series of large claims in a single year. • Retention would be $400,000 per occurrence .'�"u. MORETON &COMPANY Idaho Falls School District 091 Self-Funded Workers Compensation Preliminary Feasability Study 2011 2012 2013 2014 2015 2016 2017* Aggregate Average 2018 Estimated WC Premium $463,571 $464,271 $430,745 $390,022 $399,638 $455,467 $551,985 $3,155,699 $450,814.14 $645,000 less Dividend Received $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total WC Losses $242,136 $287,285 $244,912 $429,352 $305,083 $551,859 $29,229 $2,089,856 $298,551 $298,551 Recoveries from Excess $0 $o $0 $0 $0 $0 50 $0 $0 $0 T. aj. 85 $244,912 2 JW3 $551,859 $29,229 $2,089,856 qW $298,551 $298,551 [Preemium Excess Premium $45,000 $45,000 $45,000 $45,000 $45,000 $45,000 $60,000 5330,000 $47,143 $70,000 tax $9,578 $10,093 $9,790 $9,751 $10,517 S10,642 $12,105 $72,474 $10,353 $12,124 al Premium and Taxes $54,578 $55,093 $54,790 $54,751 $55,517 $55,642 72,1 $402,. $57,496 $82,124 Work Comp Bond Premium $8,300 $8,300 $8,300 $8,300 58,300 58,300 $8,300 $58,100 $8,300 58,300 $8,300 WC Actuarial Fee $5,500 $0 $5,500 $0 $5,500 $0 $5,500 $22,000 $3,143 $5,500 5,500 $22,. NED-0 WC Consulting/Broker Fee $35,000 $35,000 $35,000 $35,000 $35,000 $35,000 $35,000 $245,000 $35,000 $35,000 WCTPA Adjusting Fee $26,000 $26,000 $26,000 $26,000 $26,000 $30,000 $32,000 $192,000 $27,429 $35,000 WC TPA Other Fee Total$t of Claims 65 52 46 71 68 70 401 412 59 ***The information provided here is a preliminary study only and in no way can be construed as final or completely accurate.The numbers used represent the best estimate of Moreton&Company given current market conditions.All fees,premiums,etc.are subject to final negotiations. *Through 2/20/2018 General Fund SPFF Description Amount Description Amount Fund Balance 6/30/17 15,749,162 Fund Balance 6/30/17 5,300,128 Less inventories 262,127 Less Open PO & Carryover 524,999 Less restricted funds 379,538 Less Contingency Reserve 250,000 Less encumbered POs 449,295 Pre-construction Costs 163,138 Less reserved for land 3,100,000 4,361,991 Less assigned 392,968 11,165,234 Transportation Hub 2,900,000 FY 19 Contingeny Reserve @ 5% 3,273,188 DO Remodel & Furniture 250,000 Liquid Fund Balance 7,892,046 ILiquid Fund Balance 1,211,991 Less equal to 1 month's reserve 2,000,000 Less 1 Staff Dev Day 174,465 Less One-Time Pmt 646,708 Less One-time Purchases* 450,000 4,620,873 Non-allocated SHS Site Improvements 1,200,000 Safety&Security 1,000,000 New M &O Facility 1 to 2 million SHS Indoor Track 1,600,000 IFHS Outdoor Track 1,200,000 Total 6 to 7 million *Includes$90,000 for middle school ELA& math curriculum materials, $37,000 for health instructional resources,$35,000 for staff development for counselors, principals and elementary teachers, $132,000 safety devices like radios and Barracudas, $90,000 for land grant payment, $38,000 for secondary ELA& math instructional resources and $28,000 for a RTB snow removal vehicle