The Pleasanton school board tonight will look at the possibility of borrowing money from a fund set up with the sale of property -- known as the Sycamore fund -- to pay for a facilities master plan already approved by the district.
The district has been using the fund, which was set up for technology improvements in the district, as a sort of revolving loan to itself. In 2001, the Sycamore fund stood at more than $7.2 million. Now it's down to a little over $4.9 million, with more than $2.4 million owed by the district.
The move is not up for a vote this evening; Board Member Valerie Arkin asked the district to consider other sources to pay for the facilities master plan, which will cost the district $263,910, along with another $28,550 for an updated demographer's report.
The last demographer's report came under fire at a special meeting to discuss the district's debt; members of the audience who attended that meeting said some of the projects listed in that report would be in places where homes couldn't be built and in other places were construction is unlikely at best.
Also on the agenda for the meeting tonight is transitional kindergarten. The state-mandated plan would change the entry date for kindergarten to 5 years old by Nov. 1, with younger children sent to transitional kindergarten instead.
The idea would send older, more mature children to regular kindergarten, and send younger ones to the transitional program, which would be taught by teachers and include structured play as well as elements from traditional kindergarten. The proposal discussed by the board at its last
The board will also hear a proposal to allow early retirement for some longtime employees. If 59 employees take an early retirement package, that would allow the district to avoid 59 anticipated layoffs.
Homework is also on the agenda for tonight. The board will hear a mid-year report on changes to homework policy that were implemented at the beginning of the school year.
The school board meets in the district's headquarters at 4665 Bernal Ave.