All persons who address the Board at this time must complete a registration form before the meeting begins. Each Speaker is limited to 5 minutes. No action may be taken regarding the information received by the board. The topic must be placed on the agenda at a future meeting to receive deliberate action.

I believe we need to honor our Varsity Girls Volleyball team on an excellent season. I have asked Coach Cooksey to have the girls at the meeting so we could present them with a certificate.

Mrs. Blavier works with this group of 4th and 5th graders and they competed in a contest held at Region 7 in Kilgore on November 19. I asked them to come give us a short demonstration and let us see their projects. We will have a certificate for these students as well.

Preston Caver from Moore and Caver, Inc. will be here to present the findings of the 07-08 audit. One thing I would like to give a brief note on, is the district fund balance did decrease approximately $112,500. This is after the roofing project was completely paid. So we would of had an increase in fund balance without the roof project. Basically we funded all of the roof project except approximately $112,500 out of the 07-08 M&O budget. There were 3 findings in the audit. Administrative recommendation: Approve audit as presented.

I am preparing a short power point presentation on the district AEIS report. As of time of release of board book, I have not completed this. As soon as it is completed I will send it to each of you.

Items appearing on the Consent Agenda are routine in nature and may be dealt with using a single motion, second and affirmative vote. At the request of any Board Member(s) any item can be pulled from the Consent Agenda and moved to the regular agenda for the Board’s consideration as a single item. If you have any questions concerning bills please call in advance for more detailed information. Recommendation: Approve the Consent Agenda as presented.

This is an agreement for comodity processing with Region 8. Region 7 no longer provides this service. This is for the 2009-2010 year. Administrative recommendation: Approve Interlocal Agreement with Region 8 for Comodity processing.

This is the same firm that was used during the 2003 Bond. Fee is $12,000 plus travel expenses to attend board meeting. This fee is below the other 2 firms we checked on. Dan Culver is the attorney we will be working with and he stated he should only have to travel to one meeting. The firm does not recieve any compensation unless the bond passes. We do have a contract to sign upon hiring the firm. Administrative Recommendation: Approve hiring McCall, Parkhurst and Horton LLP as Bond Council.

I have attached the vantage points and a local policy comparison for you to review. I do see 2 local policies we may need to discuss. They are CDA concerning portfolio report. Does Big Sandy do this annually or not, is it optional? The 2nd is CI concerning school properties disposal, whether you would like for me to make the decisions for the board on disposal of property no longer needed. Certain language must be used in making the motion, I will provide that for everyone at the meeting. Administrative Recommendation: Approve Policy Update 84 as determined by board.

This is a resolution to invest in governmental pools. Many school districts invest in these pools for safety over the local banks. Also, right now rates are better than the CD's at the bank. One of the companys we would like to use is LOGIC. You may log on to their website at logic.org and review the investment pool. Administrative Recommendation: Approve the resolution(s) to invest in govenmental investment pools.

We will enter closed session during this portion of the meeting.

Administrative recommendation: None at this time.

I have asked Karen to provide this for each of you each month. It is a list of events we are aware of at the time of the meeting for the next 30 days.