After no objections were made during their public hearing, the West Central Valley School Board approved their fiscal year 2021 budget as presented Wednesday evening.
The property tax approved is about $14.01 per $1,000 of taxable valued land, showing about a quarter of a cent increase from last year. The Board then approved a budget guarantee resolution and a resolution authorizing the redemption of general obligation school refunding bonds series 2016. During their regular meeting the Board approved a resolution setting a public hearing date for April 29th to refinance a $4.5 million Secure an Advanced Vision for Education tax revenue bond, and approved a resolution to start the process of continuing the District’s participation in the Instructional Support Program for five years as the current authorization was set to expire at the end of fiscal year 2021, and setting a public hearing on the matter for May 20th.
The Board also approved the second reading of changes to their purchasing-bidding and bids and awards for construction contracts policies. The update shows an increase from the $25,000 cost required to conduct public competitive sealed bids to $55,000, and a decrease in the authority the superintendent has to authorize purchases without prior board approval from $15,000 to $5,000.