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At the June 12 Board of Education meeting, the board approved the 2022-23 Facility Planning Committee’s report, which included boundary adjustments that address elementary school enrollment and building capacity issues. The approved boundary adjustments impact several schools in an effort to keep contiguous attendance areas.

• Autumn Park (Arcadia), Villages of Overland View and Executive Hills boundaries will be adjusted to attend Indian Valley Elementary. This adjustment will also include a change in feeder pattern to Oxford Middle and Blue Valley Northwest.

• Deer Creek boundaries will be adjusted to attend Overland Trail Elementary.

• Sandstone Creek, Savoy and Plaza Gardens boundaries will be adjusted to attend Harmony Elementary. This adjustment will also include a change in feeder pattern to Harmony Middle and Blue Valley Northwest.

• Villas of Carrington Square area boundaries will be adjusted to attend Heartland Elementary.

• Glen Abbey and Villas of Chapel Green, and Highland Villas and Highlands Creek boundaries will be adjusted to attend Prairie Star Elementary. This adjustment will also include a change in feeder pattern to Prairie Star Middle and Blue Valley High.

The committee's work, including documents, maps and presentations, can be found on the district’s website.

Blue Valley community members have an opportunity to engage with the Board of Education from 6-7 p.m. June 15 in the Blue Valley West library. Please note that access to Blue Valley West is impacted by summer parking lot work. Use the green route noted on the map and park in the green or blue-circled areas.

The Community Connection Point provides opportunities for attendees to:

• Connect with board members

• Engage in conversation

There will be open discussion around topics of interest to attendees.

A sign-up is available for patrons who have questions for board members, but no sign-up is required to attend. More information about Community Connection Point with the BOE is available on the district’s website.

On Monday, June 12, the Blue Valley Board of Education issued the first bonds from the 2023 bond referendum passed by district voters on January 31, 2023. Blue Valley registered voters approved a $251,250,000 referendum that will invest in facilities, technology and safety and reimagine learning environments and programs that will benefit students and staff for years to come.

The principal amount of bonds sold in the 2023-A series was $150 million. Nine institutions were bidding on the bonds, with the low bidder being J.P. Morgan Securities LLC, with a true interest cost of 3.56%.

Blue Valley’s Board of Education also issued $32.135 million in general obligation refunding bonds in an effort to secure a lower interest rate and savings for taxpayers. Six institutions bid on these bonds, with the low bidder being Morgan Stanley & Co., LLC at a true interest cost of 2.75%. These bonds were originally sold at a higher interest rate in 2012 and 2014. The new lower interest rate will save district taxpayers $2.1 million in future interest payments. The closing and delivery of both sales are scheduled for June 29, 2023.

During a rating review last month, Moody’s Investor Services reaffirmed the district’s Aaa bond rating, the highest possible rating. Standard and Poor’s reaffirmed the district’s AA+ bond rating, which is currently the highest rating in Kansas for a school district. The high ratings represent strong financial management and earn the district better interest rates that continue to save the district millions of dollars in interest over time.