[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6667208,"mediaKeyId","2264593-e5008ee40996b39ecc772827c779f173","parentId",2264593,"title","Votes at a glance: employment hires, minutes and claims, fundraisers and refunding resolution approved","audioSeconds",993,"startMs",4357000,"endMs",5350000,"viewUrl","/Search/View?dp=1&key=2264593-e5008ee40996b39ecc772827c779f173&start=4357&end=5350","thumbnailUrl","https://assets.pipeline.soar.com/2264593-e5008ee40996b39ecc772827c779f173/thumbnail_4357000.jpg","articleUrl","/articles/6667208/Indiana/Votes-at-a-glance-employment-hires-minutes-and-claims-fundraisers-and-refunding-resolution-approved","mediaUrl","https://secure.pipeline.soar.com/6667208-32ab46443765c40959f48922e358ec39/orig.mp4?Expires=1771001938&Signature=mtC-SA7QYJV5hkeQPzPUtcFA2L8NHgg73HoR-CSkKMiKy9eqFqvAf8o-9-1Q4F1vkk7vZhk-xD65YqwZi82uk9f~7oDH1I-rgNdNKzrjPRBd06uoehjPNNct6lGROOJeJLseUg9J47VCX-O1JsXyXlm6bjV~uhL~uRdcQJgp9eC5UPc8hIC3EAo94U~PCo38vAnQVWwUJWo9pahBSjoC8a4kr782NeLDlKC0O7AX9d6Ve0743sbXldYwNXI8reXAz2cpok46wnwR9bSqMcJeW0cP~mL~CeVUI-ZJRHlRxp0J3F3LSe2IuY7qdf3gIE2DUoWJvWVRGK~r2-0Om13pVg__&Key-Pair-Id=KUT5TJCACFTXG","author","Beech Grove City Schools","date","2025-02-12T01:14:49.343Z","article","At its Feb. 11 meeting the Beech Grove City Schools board took several formal actions on routine business and a refinancing resolution.

The board approved the employment recommendations listed on the agenda. A motion to approve the listed personnel items was moved and carried by voice vote.

The board approved minutes and claims for January 2025 by motion and voice vote.

The board approved fundraising and field‑trip requests that appeared on the consent agenda.

The board approved a resolution authorizing pursuit of a potential refunding of the district's 2015 first mortgage bonds. Administration and municipal advisors explained the refunding as a refinancing strategy intended to reduce borrowing costs if market conditions produce sufficient savings; an illustrative scenario showed net present‑value savings of about $152,000 (3.01% of refunded principal) in the advisors' example, and the board approved the resolution by voice vote. Staff emphasized the board retains discretion and that the district would not proceed with a refunding if projected savings fell below an adopted minimum threshold ($50,000).

All motions noted above were approved by voice vote; the meeting record does not list individual roll‑call tallies for each vote in the transcript excerpt.","mediaType","Video","parentTitle","Beech Grove City Schools-School Board Meeting","oneSentenceSummary","The Beech Grove City Schools board approved routine personnel and business items and passed a resolution authorizing possible refunding of 2015 bonds; the board also approved minutes and fundraising/field‑trip requests.","taxTitle","Beech Grove City Schools, School Boards, Indiana","taxId",61424,"location","Indiana","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6667214,"Beech Grove holds preliminary hearing on proposed capital projects and possible bond financing",358,4408000,4766000,"/Search/View?dp=1&key=2264593-e5008ee40996b39ecc772827c779f173&start=4408&end=4766","https://assets.pipeline.soar.com/2264593-e5008ee40996b39ecc772827c779f173/thumbnail_4408000.jpg","/articles/6667214/Indiana/Beech-Grove-holds-preliminary-hearing-on-proposed-capital-projects-and-possible-bond-financing","https://secure.pipeline.soar.com/6667214-bc54f20fbbd4f2ba4fdc020788dc2bb7/orig.mp4?Expires=1771001938&Signature=HWkZ31rLxXJlS~fSbxkjRQ47HHQw9VxnCU8AuO0ZzUVdGg5P~RBld~Hv0mFWAwwpBe9bTWRg7QDnjvvWcEEvPdU73nNQWSH9ko6m9Oy4~RN6kEUeZ7MRuz7eJ~84J~H223qbFWQeIdLKcmTPN5j1LV8WVBMpMbsjyA4mO7R0OtWnJ9Tn-4w-KWJfEmOG0QD3Todaj19RAwGq8xtr8yv98zb8qN5ayRXpwT9iUOXThzSKi~kU1CXXL3ke~vo0DNSI6wDATsZbcCfGaNyY5Tog78yW6B~yhsmLgYJfpL9cNI4Vp84QHSwwjM6Fn~ls-5--VGhENjM-FckYCmqPCyACaw__&Key-Pair-Id=KUT5TJCACFTXG","The Beech Grove City Schools board received an update Feb. 11 on proposed capital improvements and the early financing work necessary to support them.

Dr. Hammock (district staff member) presented the facilities assessment and the rationale for proposed capital work, describing priorities including roof repairs and replacements, paving projects, HVAC upgrades, and school bus purchases. He told the board the district expects projects to be executed within two to three years.

Municipal advisors from Baker Tilly provided preliminary financing analysis and estimates. Joey Garnett, who introduced himself as representing Baker Tilly, and another advisor (Dylan) explained the legal and fiscal framework that will shape any general obligation bond the district may issue. Key figures presented:

- Net assessed value used in the calculation: $687,000,000 (district figure cited in the presentation).
- Remaining legal debt limit (after existing G.O. debt): $2,465,000 (figure cited as of Jan. 16, 2025).
- Estimated maximum borrowing amount presented for a proposed 2025 general obligation bond: $2,465,000; estimated amount available for projects after issuance costs: $2,290,000.
- Estimated interest expense used as an example: $449,000 (assumed 5% interest rate as a cushion; actual rate could differ at sale).
- Board was shown projected debt service illustrations and told that the district's repayment term could be structured up to seven years for flexibility; an example structure targeted a total payment near $5.5 million in 2026 to align with current debt service levels (assumes no assessed value growth).

No board action was required at the Feb. 11 preliminary determination hearing; the district's legal counsel explained the hearing is the first of two required by Indiana Code 6-1.1-20-3.1 for projects exceeding statutorily defined thresholds. The district recorded that no members of the public spoke during the hearing. Administration said a second public hearing is scheduled for March 11, 2025, at 6 p.m. in the boardroom.

The municipal advisors cautioned the figures are preliminary, that legislative developments could affect assessed value calculations, and that any final bond sale (tentatively discussed for June) would determine exact interest rates and amortization. Board members did not vote on financing at the Feb. 11 meeting.","District administrators described proposed roofing, HVAC, paving and bus purchases during a public preliminary determination hearing; municipal advisors outlined potential bond capacity and estimated financing parameters; a second hearing was scheduled for March 11.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6667216,"Beech Grove pursues district strategic plan to compete for Lilly Endowment funds",1030,2859000,3889000,"/Search/View?dp=1&key=2264593-e5008ee40996b39ecc772827c779f173&start=2859&end=3889","https://assets.pipeline.soar.com/2264593-e5008ee40996b39ecc772827c779f173/thumbnail_2859000.jpg","/articles/6667216/Indiana/Beech-Grove-pursues-district-strategic-plan-to-compete-for-Lilly-Endowment-funds","https://secure.pipeline.soar.com/6667216-d643aee32551e97a26ecb84ce1ed5808/orig.mp4?Expires=1771001938&Signature=HsHM4vB4Q8jsEmWxqAa2FNk39U6A9kNdKcOn86wQn11-1jibk~17Gn8X0GCBZZ1-s6O-fU7bW2bkKVqXa5QpdTIefHaqfakSVq-o8tvpofhGwU0ceRax2UdMoGg8Y2x-k1ALFffYEGoeX5BA6pGuiy~NuX2ts12OZKRVZaVCTlLClLAf4UkIccqyfRRKjLQ1eShqEXI~ratzcZCpjtGMT-E5vXoowE-w0r~dxVVoils3BWfsEpYWLyTbTmcIg8CfzqJ12jznRMyl2-w7DMWDBxa-SQmhQs73E6EtK8giLEysLn~gAeEugLY35zHpf2DHLzVAZU8lgP9SN3RqdKVCXg__&Key-Pair-Id=KUT5TJCACFTXG","Laura Kimmick, superintendent of Beech Grove City Schools, outlined the district's strategic planning work and its role in applying for a three‑phase Lilly Endowment grant during the Feb. 11 board meeting.

Kimmick said every Marion County district received a $50,000 planning grant in Phase 1. She told the board that Phase 2, an implementation allocation calculated at $500 per student, produced a $1,340,000 allocation for Beech Grove; the district submitted its Phase 2 application on the Monday before the meeting. If invited to Phase 3, districts may submit a five‑page concept paper by April and a full proposal by August; award notifications are expected by December 2025. Kimmick said Beech Grove's maximum Phase 3 request would be $25,000,000.

The superintendent presented progress on a comprehensive strategic plan the district is developing with Education Elements and a local steering committee. The plan is scheduled to be completed in March, with a full implementation plan presented to the board in June. Kimmick said the board should expect monthly updates tied to measurable outcomes once implementation begins.

Kimmick described engagement to date: eight focus groups with 91 participants and nearly 2,000 responses to the first community survey. She said the steering committee includes district leaders, teachers, students, parents and a board representative (Tara). Mary Story, the district's Director of Teaching and Learning, is part of the project team facilitating the work.

District staff have identified four strategic goal areas: community engagement and communication; wellness and belonging; teaching and learning; and leadership and development. Kimmick said the planning process is using a design thinking approach (empathize, define, ideate, prototype, test) and that the second survey iteration asks stakeholders to prioritize strategies.

Kimmick described the Lilly Endowment opportunity as potentially transformational and said she views securing Phase 3 funding as \"the greatest professional responsibility of my career.\" She asked the board to hold administration accountable to monthly progress reporting on the plan's measurable outcomes.

No board action was required or taken on the strategy or grant application at the Feb. 11 meeting; Kimmick said she expects to return with updates after the endowment reviews the Phase 2 submission.","Superintendent Laura Kimmick updated the school board on a strategic planning process aligned with a three‑phase Lilly Endowment grant opportunity; Beech Grove submitted its Phase 2 application and may apply for up to $25 million in Phase 3 funds.","actionData","errors"]

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Votes at a glance: employment hires, minutes and claims, fundraisers and refunding resolution approved

Beech Grove holds preliminary hearing on proposed capital projects and possible bond financing

Beech Grove pursues district strategic plan to compete for Lilly Endowment funds