(Atlantic, Iowa) – The Atlantic School Board will hold their regular monthly meeting this evening in the Schuler Elementary School Media Center. The meeting (which can be viewed on You Tube) begins at 5:30-p.m., with three Public Hearings on:

• The 2021-22 Amended Certified Budget. The change estimates of expenditures will be financed from increased receipts and balances not budgeted or considered in the current budget. There will be NO increase in taxes paid in the fiscal year ending June 30, 2022. School officials say the $8-million increase is due to unforeseen events that took place after the budget was approved, including: The Middle School Fire Damage; ESSER Expenditures & the Teacher Retention Payments, as well as the HS Greenhouse Project. The amendment is necessary because a school district cannot overspend amounts found on their annual Certified Budget. The certified budget is due in to the State by April 15th.
• The proposed 2022-23 Certified Budget, for which the tax rate is estimated to be $13.25/$1,000 valuation, as opposed to $13.95 in FY22.
• The creation and expending of Flexibility Accounts. Superintendent Steve Barber recommends the following transfers from “categoricals” to a flexibility account in the general fund: $200,000 from the Teacher Leadership Supplement; $15,439.18 from Model Core Curriculum, and $100,000 from the Home School Assistance Program.

In other business, the Atlantic School Board will act on the following resignations and contract recommendations:

Other action items during the Board’s meeting include:

• Approving the 2021-22 Amended, Certified Budget.
• A Resolution – Levying a tax for Fiscal Year 2022-23 for the future optional redemption of General Obligation School Bonds, Series 2019, and to approve related documents.
• A Resolution with regard to the Flexibility Fund Transfers

The Atlantic School Board will also act on approving Winter Season Coaching contracts for

And, the Board is expected to approve a sharing agreement with the Griswold CSD for Transportation Director. Their final order of business before entering into a closed session, is with regard to a Long-Term Suspension Agreement. After the Board comes out of their closed session for discussion with District Legal Counsel, they are likely to act on a Legal Complaint with regard to the Middle School Fire.