Lincoln County School District

The meeting included the installation of a new board member, Miss Hillary Daniel. Financials for November were reviewed, highlighting that the majority of avalum taxes were collected in December, leading to a discussion on managing revenue. There was also a presentation and discussion regarding the SPS account and potential benefits of moving funds into it. A soccer proposal was presented, outlining the need for a locker room to support the growing soccer program.

The meeting addressed consent items, including approval of the agenda, minutes from the July 9th, 2019 meeting, overnight field trip requests, and fundraisers. Financials were reviewed, highlighting revenues, expenditures, and fund balances. The tax digest was also discussed, including the rollback rate and its potential impact on the budget.

The Board of Education meeting included discussions and presentations related to House Bill 581, also known as the Save Our Homes Act. Key points covered the timeline followed for the bill, the option for local governments and school districts to opt out, and the potential impact on property tax revenues for the school district. The board also reviewed historical data on property values and revenue increases, and considered the implications of opting in or out of House Bill 581, including potential adjustments to the millage rate, use of reserve funds, and cuts to programs, services, and personnel.

The meeting included a prayer, pledge, and approval of consent items such as the agenda, minutes from the December 8th, 2020 meeting, and policy revisions. Public participation addressed labor issues and concerns about COVID-19's impact on schools. Financials were reviewed, including tax revenues and impact aid money, and a budget calendar was presented. The board discussed and approved a landscaping bid from Eminem Lawn Maintenance, insurance proposals from Franklin Insurance, board meeting dates for 2021, and the appointment of Jamie Matthews to the Lincoln County Board of Elections.

The meeting included a prayer and pledge, followed by a public hearing for the FY22 budget. The board reviewed changes from the previous year's budget, including increases and decreases in earnings, and the removal of impact aid. Adjustments were made based on updated information, with a commitment to clearly communicate any further changes before the final budget is passed. The tentative budget included details on the general fund, special revenue funds, capital projects fund, and debt service fund, outlining revenues, sources, and expenditures. The meeting concluded with a motion for adjournment.