Tag Archives: approval of financial institutions

AAPS Trustees Pass Resolution Opposing DeVos Nomination; Move Forward on Millage Proposal

Ann Arbor Public Schools Board of Education regular meeting/study session (January 25, 2017): Huron High School, 2727 Fuller Rd

The Ann Arbor Public Schools (AAPS) Board of Education (BOE) trustees will have a combined regular meeting and study session tonight beginning at 5:30 PM.

The regular meeting will begin with special recognition given to the school board trustees. January is School Board Recognition Month.

The trustees will hear the monthly budget monitoring report for December, given by Chief Financial Officer Jill Minnick. Minnick will also give  special briefing on the 2016/17 budget amendment. The budget amendment is a fairly routine item to have mid-year.

No first briefings are scheduled.

A Sinking Fund Millage Proposal, of which the trustees will be determining the level [somewhere between 1 and 3 mills], and the District Liability Insurance Renewal are up for second briefings. Minnick is recommending the district switch liability insurance providers, for a premium cost savings over last year of $138,616. The total cost of the insurance is a $628,884 premium with a $10,000 deductible and a $200,000 aggregate.

Voting will be on the resolution to submit the sinking fund millage proposal, the liability insurance renewal, and the 16/17 budget amendment.

Board action is to be taken on the annual approval of financial institutions.

The study session, which is an opportunity for the trustees to dig deeper on a single issue, will focus on school start times. The Board is considering the issue of changing school start times to allow for a later start to the high school day.

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