Terri Gulbransen

The meeting focused on a recap of bank interviews conducted with Bell Bank, First Resource Bank, Bridgewater Bank, First State Bank & Trust, and Platinum Bank. Key discussion topics included ICS rates, banking recommendations, the distinction between operational and savings relationships, interest potential, and CD laddering strategies.

Key discussion topics for the meeting included checking the progress on policies slated for the April board meeting, specifically addressing the status of policies after the February meeting, including a policy audit chart and pending 'legal' policies set for a second read on April 28. The committee also reviewed technical edits from MSBA and policy 'corrections' submitted by J. Johnson. Other agenda items involved an update from J. Fuchs/T. Gulbransen regarding the Affiliated Building Company (ABC), planning for April governance training schedules and presenters, an update on the Board Election, and specific training related to the ABC Company scheduled for April.

The agenda for this session included an SMS Update covering a meeting with Todd and a Financial Overview. The Investment Report discussion involved investments, and the Financials section focused on Q2 Highlights. The Banking Update addressed several institutions: First Resource, Platinum, First State Bank, Bell Bank, and Bridgewater Bank.

Discussions focused on elections and an update to the governance manual, specifically adding an advisory staff development committee. A decision regarding the new Governance Chair was made, appointing Al Bagwell to assume the role starting in June. Other items were moved to the subsequent March meeting.

The agenda for the meeting includes several key discussion points for the main session, such as a budget update, strategic management services update, and strategic plan update. Other topics involve concurrence/nonconcurrence on AIPAC matters, transportation updates, discussion of 2026-2027 school calendars, and a discussion regarding the Board Election Timeframe. The agenda also features an update from the Finance Committee and a first reading of three policies: 504 (Student Dress and Appearance), 535 (Service Animals in Schools), and 609 (Religion and Religious and Cultural Observances). A separate Executive Director's Report for February 17, 2026, covers priorities including academic excellence, organizational alignment (safety/crisis protocols and policy compliance), professional excellence, financial stewardship (transportation RFP opening and digital purchase orders), and strategic communication.