Swanville School Board

By Kerry Drager, Correspondent The Swanville High School has made some adjustments to their schedule due to the lack of a shop teacher. The district has been trying to obtain an individual who has the right credentials for the position, but has not been successful at securing someone for the job. There have been a few [...]

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By Kerry Drager, Correspondent The Minnesota Department of Education (MDE) has approved the Swanville School District’s Statutory Operating Debt (SOD) plan. The school will now work carefully to cut spending from its operating budget. The School Board approved an option that will save the school $239,396 during the 2014/2015 school year. To make the budget cuts [...]

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By Kerry Drager, Correspondent The Swanville School Board prepared to make cuts during its March meeting. The district is looking to put four teachers on unrequested leave of absence as it begins to tighten spending and try to pull out of Statutory Operating Debt (SOD). The proposed staff cuts include the high school special education teacher [...]

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By Kerry Drager, Correspondent Swanville School continues to brace itself for the changes that need to occur while under Statutory Operating Debt (SOD). The Minnesota Department of Education would like to see schools out of SOD in three years. The district is working to increase revenue and pull the numbers out of the red. “We are [...]

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By Jennie Zeitler, Staff Writer   The annual audit report was presented to the Swanville School Board at Tuesday’s meeting. Upon his retirement earlier this year, former auditor Gary Paulsen sold Swanville’s account to Schlenner, Wenner, who was represented at the meeting by Mary Backlund and Jon Archer. The three findings listed in the report are [...]

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By Jennie Zeitler, Staff Writer The sale of Swanville School District’s building bonds was projected give future savings of at least 5.5 percent for taxpayers. The scheduled sale on Oct. 3 went through with rates close to the historic lows of 1967. “There were six bids, with the lowest rate at .4 percent and the highest [...]

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By Jennie Zeitler, Staff Writer jennie.zeitler@mcrecord.com   The Swanville School Board authorized the refinancing of school building bonds that were issued in 2005. “This is similar to refinancing a home mortgage, except that other requirements are in place for a school district. Right now Swanville’s bonds meet those requirements,” said Ehlers Financial Adviser Jodie Zesbaugh at [...]

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