By JIM MAURER
CAREY — Carey schools refinanced the school building’s $10.5 million debt at a lower interest rate which will save the district more than $2.5 million over time.
In a press release provided by Karen Phillips, district treasurer/chief financial officer, the district “issued an advance refunding of bonded debt for $10.5 million in School Improvement Bonds.”
“The primary reason issuers refund their debt is to achieve cost savings by replacing debt issued (at) higher rate with debt issued at lower rates.”
Separately, Amanda Hord, PLATO (Philosophy Learning and Teaching Organization) coordinator for Carey middle and high school students, briefly discussed a $5,000 innovation grant she received earlier this month through the Ohio Education Association’s Education Foundation.
The program will enhance the middle school technology department. Hord and Dennis Ruhe, computer technology teachers, will add classes during the 2020-2021 school year, she said. Sixth graders will learn building and coding robots with Lego Boost; seventh graders will work with VEX IQ, along with building and robotics, and eighth graders will continue keyboarding with Google Suite, digital literacy/citizenship and CS Discoveries. Keyboard skins will be purchased for eighth graders to encourage more efficient typing skills.
Mindy Worst, a Title 1 reading specialist, presented a computer review of the past two years of the Carey elementary students’ walk-a-thon to raise money for elementary school needs. In two years, the students have received pledges for walking laps around the outdoor track or last year in the school hallways due to rain. The pledges and donations received have been more than $10,000.
This year’s event will be held April 24 from about noon until 2:45 p.m.
The board met in closed executive session to discuss teaching, non-teaching and supplemental contracts. No action was taken after the session.