The Pella School Board will begin consideration of an early retirement policy in their first work session of the new academic year today.
They will review what the potential new program will look like, which staff is eligible, and review the financial impact on the general fund and management fund. At their second summer meeting, the board learned the district could save an average of $350,000 annually in the general fund by replacing retiring teachers with staff at the beginning of the salary schedule, likely saving programs at the expense of years of experience and increased management fund spending. The board will also review the district’s policy for gifts, grants, and bequests as it relates to Title IX, consider a lease agreement with Shoot-It Basketball Academy, and review an update to a tax increment financing document for the Southwest Urban Renewal Area housing developments.
The Pella School Board meeting begins at 4:30 p.m. in the Pella High School Main Office Conference room.