TUHSD Board of Trustees
Highlights from the September 10, 2019 Meeting
Welcome Student Trustees!
Redwood High School: Lauren Steele
San Andreas High School: Devona Times
Sir Francis Drake High School: Matty Darragh-Ford
Tamalpais High School: Kara Kneafsey
Tamiscal High School: Charlotte Pearson
Unaudited Actuals Report for 2018-19
Corbett Elsen, Chief Financial Officer, presented the report comparing the estimated actuals from June 2019 with the unaudited actuals for the 2018-19 budget. The variance of 1.97% falls within the "good" range of the accuracy goal. The Board asked questions and commended the Business Office for their work on closing the books for 2018-19. The independent auditors report will come to the Board in December 2019.
Refunding of Existing Bonds
Corbett Elsen, Chief Financial Officer, introduced Chet Wang and Laura Herrera of Keygent Advisors LLC to present background and options to the Board related to refunding of existing bonds. (The District is not pursuing a new bond campaign.) They project taxpayer savings of between $3-4 million. The Board discussed the options and expressed the preference to lock in low rates now. The Resolution 19-4 was adopted and allows the District to proceed with refunding. The District has an AAA rating from S & P, and recently earned an Aaa rating from Moody's, the highest credit rating possible.
Field Trip Policies
Public Hearing: Negotiation Sunshine Articles
Discussion of Potential Parcel Tax Renewal
Mr. Elsen reviewed a renewal timeline, and reminded the board of the significant impact of the parcel tax and how it is set to expire in June 2022. Dr. Taupier proposed a ten-year term renewal effective 2020-21, based on positive polling results to support the term and a $190 increase. This amount was derived from budget analysis to maintain the programs our community values, to balance the budget, and to maintain reserve levels at the board approved level. The board discussed the potential parcel tax renewal but no new action was taken.
Parcel Tax Citizens' Oversight Committee
LCAP Committee Members
Tamalpais Union High School District
Superintendent: Tara Taupier, Ed.D.
Assistant Superintendent of Human Resources: Lars Christensen
Chief Financial Officer: Corbett Elsen
Board members: Leslie Harlander, President; Cynthia Roenisch, Clerk; Karen Loebbaka, Dan Oppenheim, and Kevin Saavedra.