[{"_1":2,"_111":-5,"_112":-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",[32,75,87,99],{"_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":68,"_72":73,"_74":73},"mediaId",6218095,"mediaKeyId","3631316-2a4f49aabb22f9a2beaf97f2eeb7c087","parentId",3631316,"title","Board joins Oklahoma Schools Insurance Group, renews property/casualty and workers' comp coverage; premiums fall about 8% from last year","audioSeconds",3993,"startMs",1739000,"endMs",5732000,"viewUrl","/Search/View?dp=1&key=3631316-2a4f49aabb22f9a2beaf97f2eeb7c087&start=1739&end=5732","thumbnailUrl","https://assets.pipeline.soar.com/3631316-2a4f49aabb22f9a2beaf97f2eeb7c087/thumbnail_1739000.jpg","articleUrl","/articles/6218095/SAND-SPRINGS/School-Districts/Oklahoma/Board-joins-Oklahoma-Schools-Insurance-Group-renews-propertycasualty-and-workers-comp-coverage-premiums-fall-about-8-from-last-year","mediaUrl","https://secure.pipeline.soar.com/6218095-940d510b28c6b4f66d320743d84a162b/orig.mp4?Expires=1770936001&Signature=SFj34P8DGJWLJVFGfjHmxxiA~0VkrZrQEqVOKQh145uYJIzkgpEmu2TJrX7VqUenpU7CXRmFtl2dmUWz4RifkJd-9KvOVFc1worRny8YJ~nzxNog0kVjl5QudD5UjBDqBwrZOeIy3BVs~qaymnWxx9ir~4vj~KqyK5OfQjv5kDa0uLaCx23T9ANZ-6hPi-0HoPN7lLj-tWH8JJBBSRU1Lvt6XvdXUHnwBLOU3JLscfl39GzyGMjnvR9sFC05D9wJ7R04H0GQLSUbfB5p77QvPhdcXArGDrKCz0~-xVxLHRHxUfnB-C8uh5sdBkgt95hHy4j40oWj1DxE36G0jTjxKg__&Key-Pair-Id=KUT5TJCACFTXG","author","Sand Springs Public Schools","date","2025-06-03T00:00:00Z","article","The Sand Springs Public Schools Board of Education voted June 2 to join the Oklahoma Schools Insurance Group (OSIG) and to renew the district’s property/casualty and workers’ compensation insurance for fiscal year 2025–26.

During discussion district staff said this year’s property and liability renewal produced a premium about 8% lower than last year; staff estimated premium savings on the order of $200,000 compared with what the district had anticipated paying.

The board approved a renewal quote for property, casualty and liability insurance through the district’s broker/agent relationship with Insurica/Keystone Agency and OSIG. The board also approved a workers’ compensation renewal through Oklahoma School Assurance Group (OSAG) for the 2025–26 fiscal year.

Board discussion noted the statewide pool structure OSIG/OSAG provides and the tradeoffs between pooled coverage and districts self-insuring. Staff said the district has benefited from lower occurrence activity this season and the favorable renewal, while acknowledging that large single events (for example, tornado-related losses elsewhere in the state) can create reinsurance pressure for all districts.

The board voted unanimously to join OSIG and to adopt the two insurance renewals. Staff said they will finalize policy documents and incorporate the renewal costs into the adopted budget.","mediaType","Video","parentTitle","Sand Springs Public Schools - Board of Education Meeting - June 2025","oneSentenceSummary","The board approved joining the Oklahoma Schools Insurance Group and voted to renew property/casualty and workers' compensation coverage for 2025–26, noting a roughly 8% reduction in premiums compared with the prior year.","taxTitle","SAND SPRINGS, School Districts, Oklahoma","taxId",38452,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6218100,"Board approves superintendent contract, employer TRS pickup for administrators and 2% pickup for teachers",155,5742000,5897000,"/Search/View?dp=1&key=3631316-2a4f49aabb22f9a2beaf97f2eeb7c087&start=5742&end=5897","https://assets.pipeline.soar.com/3631316-2a4f49aabb22f9a2beaf97f2eeb7c087/thumbnail_5742000.jpg","/articles/6218100/SAND-SPRINGS/School-Districts/Oklahoma/Board-approves-superintendent-contract-employer-TRS-pickup-for-administrators-and-2-pickup-for-teachers","https://secure.pipeline.soar.com/6218100-5f5dd345ad3b3f73c6be80279c3a15ca/orig.mp4?Expires=1770936001&Signature=HIqOaIf1ljGXK7US4zEmMSkSZbUVFY8YvnZQOTJ1QNOfwtNjC3ZvF5~C7kfPsRJkD~WBfekuQMZGlcFmxlz7LnsJr4RUVHyCKDAL92KVkJkGQgpNELV7kQp32H~c01fIQ8hjNH2fTuSnY8-XpTAIHzPP-BTn5rngaHWgnrbz4xH2~Lny0blrW9LZ7Z70XnHykxVCPtm25UbG3OLtuhkMuTs1n7d0W0-sZ0vQOIvzw0rde60wn-NXxnbtXlXbaaAzFmMwvEi~YB3lWOdQqHmqSrmex6w7d53HN14-vYHJ-X0lV4cnbBk6krPncwZYBBQo~EYu25tiKdqlYDyRczEddA__&Key-Pair-Id=KUT5TJCACFTXG","The Sand Springs Public Schools Board of Education voted June 2 to approve a multi-year contract for Superintendent Sherry Durkee and to adopt employer \"pickup\" contributions to the Oklahoma Teacher Retirement System (OTRS) for administrators and teachers.

Board members approved a contract extension covering 2025–28 for Superintendent Sherry Durkee; the vote was unanimous. Durkee was present at the meeting when the contract was discussed and board members praised her leadership during the discussion.

The board also adopted two related motions concerning retirement contributions. First, the board approved a resolution committing to pay each administrator’s mandatory OTRS contribution on the district’s behalf effective July 1, 2025. The resolution text read, in part, that participating administrators “shall not have any right to make a cash or deferred election with respect to the contributions being paid by the school district.” The board voted to adopt the administrator pickup resolution.

Second, the board approved a motion that the district will pay a 2% employer pickup of the mandatory OTRS contribution for teachers, effective July 1, 2025. The motion included the identical limiting language that participating teachers shall not be permitted to opt out or receive the contributed funds directly. The board voted aye on the teacher pickup motion.

During the discussion board members and staff clarified accounting placement for the pickup contributions. Staff noted the costs will appear in instructional function coding in the district’s expenditure reporting and that the original budget includes the anticipated effect.

Both the superintendent contract and the retirement pickup actions require administrative follow-up to implement payroll and reporting changes; the business office will incorporate the actions into payroll and the district’s financial reports.","The board approved a 2025–28 contract for Superintendent Sherry Durkee and adopted motions to pay employer \"pickup\" contributions to the Oklahoma Teachers' Retirement System for administrators and a 2% pickup for teachers effective July 1, 2025.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6218104,"Sand Springs board adopts $46.5M general fund budget for 2025–26; COVID federal funds end affects revenue mix",496,2270000,2766000,"/Search/View?dp=1&key=3631316-2a4f49aabb22f9a2beaf97f2eeb7c087&start=2270&end=2766","https://assets.pipeline.soar.com/3631316-2a4f49aabb22f9a2beaf97f2eeb7c087/thumbnail_2270000.jpg","/articles/6218104/SAND-SPRINGS/School-Districts/Oklahoma/Sand-Springs-board-adopts-465M-general-fund-budget-for-202526-COVID-federal-funds-end-affects-revenue-mix","https://secure.pipeline.soar.com/6218104-58eea68abb268fc580b3b29b81e4bd64/orig.mp4?Expires=1770936001&Signature=kFct~IGTC~rA~y3~10Y~4A2Paoksd0Q1KI5c1vvVHIJdsybpMCtNL1NzA7y1sX5j2IeGHYbldEmJJbEH4oB6muwNX7TbzJNiIVKGqw7uLjuK8f7XHgfT1-OwxjsoBh66h6Hxr0imx3lR9E3JsRnwZu-T7xQ66hxTuhLvWrv6~jWdw6Qw99ueL4rN~gbBwzWQ7KbSoqY4XBclEXYol2rQzTCb2BJmY4yBGAjqd7cvWhVFCrsUcPFh~dttTrGXoISNr4yadpivMkdIR8SKQKa44AI66IhUN0P7ChTv0rFGi9aphFkfQh7IzJlqkYrMd7yugrZMHupsB~N3Bm~E2p5~jA__&Key-Pair-Id=KUT5TJCACFTXG","Sand Springs Public Schools’ Board of Education adopted the district’s fiscal year 2025–26 budget June 2 after a public hearing. The board recorded an all-aye vote to approve the original budget.

Chief Financial Officer Cassie briefed the board on key assumptions driving the general fund and other funds. She said general-fund total expenditures were projected “around $46.5 million” and noted a small projected uptick in total all-sources revenue even as one-time federal COVID-era funds—about $1.9 million in the prior year—drop out of the base.

Cassie told the board state aid and enrollment remain the largest state revenue source and that the district is projecting a modest dip in state funding tied to enrollment. Local ad valorem property-tax revenue is projected to show a small increase—Cassie and board members noted roughly a $100,000 uptick in local receipts in the projection tied to steady assessed-value growth (the district typically models about 3% net assessed-value growth in Sand Springs).

The budget narrative the CFO presented also noted carryover assumptions, a planned reduction in fund balance tied to planned 5% stipends and other one-time uses, and that federal reimbursements were “an anomaly” the last two years because of E-rate and COVID-related receipts. Cassie said exact state revenue will be updated once official counts from the Oklahoma State Department of Education arrive and the board will make formal revisions in September and later in the winter as required.

On capital items, the building fund presentation highlighted the district’s recent Methodist property land acquisition recorded in the second-revised numbers and noted that planned work on the gym will be delayed to allow for a higher-quality collegiate floor rather than a rushed installation. The business office cautioned that building-improvement estimates are intentionally conservative because “you don’t know until you get started with construction.”

The board also discussed child nutrition program changes tied to the Community Eligibility Provision: student meal revenues were added back into the projection after a period of universal free lunch; the CFO said the prior-year CEP funding level was not sustainable at previous rates and the prior federal one-time funds had masked recurring revenue needs.

Board members asked about enrollment and residential construction in Angus and Limestone; the CFO said the district models historic assessed-value growth and is planning for potential rooftop-driven enrollment increases while noting past expectations for rapid growth had not always materialized. The budget adoption included the required public hearing; no members of the public addressed the hearing when the board asked for comment.

Board members approved the original budget and will consider the required revisions when state numbers are finalized.","The board approved the fiscal 2025–26 budget after a public hearing. The budget reflects a slight rise in total revenue despite the end of COVID-era federal infusions, carries forward planned expenditures, and flags capital items including a delayed gym floor project at the Methodist property acquisition.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6218110,"Sand Springs board approves $5 million in school bonds, awards low bids to RW Baird and Northland Securities",470,768000,1238000,"/Search/View?dp=1&key=3631316-2a4f49aabb22f9a2beaf97f2eeb7c087&start=768&end=1238","https://assets.pipeline.soar.com/3631316-2a4f49aabb22f9a2beaf97f2eeb7c087/thumbnail_768000.jpg","/articles/6218110/SAND-SPRINGS/School-Districts/Oklahoma/Sand-Springs-board-approves-5-million-in-school-bonds-awards-low-bids-to-RW-Baird-and-Northland-Securities","https://secure.pipeline.soar.com/6218110-c4d413aaa587e7dfccb008bc7ec393dc/orig.mp4?Expires=1770936001&Signature=Izru9T31gP8ArIJJiRBVBJfY9yEEGDm215rtrhlMykDkf9hYuhzTDKEsaed0wt2v1f1RUIne6LuUX32YM-rcjMrz9c3L8VgVERBcFP0KqHbkPrCjgYs56pbKPd~TdBOh2GMW1t0VWqvj373tXsf4QcnZE8BMrNAU1Fb~mtSMY53JvbNdfxrhnbxQd78C1vUPG6JXg2MuDSTB3w~3OaQN8ftGRJQJ11L58GHoJkT-pNDfyo6lw0IbEkOsFiE9qljOqHoF3nQYlNDqwsOEv7WbfQJuASI61a4g-kVH4T5tgNiVtj97botEuiu7zbI~7K483aRrH0qrWDF9XAgaV8G9vQ__&Key-Pair-Id=KUT5TJCACFTXG","The Sand Springs Public Schools Board of Education voted June 2 to approve the sale and formally authorize two bond series: a $4,160,000 tax-exempt general obligation combined purpose series and an $840,000 federally taxable general obligation building series.

The tax-exempt series was awarded to Robert W. Baird & Co. Inc., the board heard. Zach Robinson, the district’s financial advisor on the call, said the Baird bid produced an average interest rate of 3.536786%. Robinson told the board the sale was “a very close sale,” with a Davidson firm from Colorado offering a near-competitive bid at 3.56%.

The board then approved a resolution authorizing issuance of the tax-exempt bonds, which finalizes details in the offering documents and allows the district to levy an annual tax to repay principal and interest. The board recorded an all-aye vote to adopt the resolution.

For the taxable series, Robinson said six bids were received and Northland Securities submitted the low bid, with an average rate of 4.728571% and a reported interest cost of $139,020. The board voted to award the $840,000 federally taxable series to Northland Securities and then adopted the resolution authorizing issuance of that series.

Board members cast unanimous approval during the votes on the bids and the related resolutions. The board also approved related procedural items: the preliminary official statements and certifications needed to complete the sales, consistent with SEC Rule 15c2-12 and Internal Revenue Code requirements referenced in the resolutions.

The board’s actions included renewing two sublease agreements with the Tulsa County Industrial Authority that are connected to prior revenue-bond projects: the Freshman Academy and STEM Center (2019 bond) and projects tied to the 2024 bond election, including Clyde Boyd Middle School work and a press box. The renewals are administrative steps required while bond proceeds remain outstanding.

Robinson told the board the market for similar municipal sales had improved since earlier in the year; when the district did its planning the board was using 4% estimates and the actual results came in under that projection. Board members asked procedural questions about tax status and confirmation that the tax-exempt series was, in fact, tax-exempt; Robinson confirmed it was.

The board voted on the bond awards and issuing resolutions in open session; motions and roll-call tallies are recorded in the board minutes.","The Sand Springs Public Schools Board approved sale and formal authorization for a $4.16 million tax-exempt general obligation bond series and an $840,000 taxable bond series, awarding the tax-exempt sale to Robert W. Baird & Co. and the taxable sale to Northland Securities.","actionData","errors"]

Article not found

Board joins Oklahoma Schools Insurance Group, renews property/casualty and workers' comp coverage; premiums fall about 8% from last year

Board approves superintendent contract, employer TRS pickup for administrators and 2% pickup for teachers

Sand Springs board adopts $46.5M general fund budget for 2025–26; COVID federal funds end affects revenue mix

Sand Springs board approves $5 million in school bonds, awards low bids to RW Baird and Northland Securities