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Story Archives: Bank loans schools $1.5 million
|Bank loans schools $1.5 million|
Franklin Parish School Board will borrow $1.5 million from Franklin State Bank under terms of an agreement announced at the school board agenda meeting Tuesday evening.
Superintendent of schools Lanny Johnson said Franklin State Bank will honor $1.5 million in low interest federal bonds to be issued by the school system.
The loan will be used to complete renovations at several area schools, said Supt. Lanny Johnson during the board's monthly agenda meeting.
"Lots of people have trouble obtaining a loan on the QZAB bonds from a bank," said Johnson, "so we are especially grateful to Bill Walker and Franklin State Bank, for working with us on this." Bill Walker is the president of FSB.
In the superintendent's report, Johnson updated board members on cases of the H1N1 virus (swine flu) within the school system.
"We're keeping an eye on the absentees," said Johnson, "So far, they're holding steady and have not gone up." Johnson stated that the school system would participate if the vaccination is required.
Teachers of the Year for Franklin Parish will be honored during the regular meeting of the school board Monday evening, Nov. 2 at 5:30 p.m.
Representing Franklin Parish are: district teachers: Julie Rogers, elementary teacher of the year from Baskin School; Pamela Delaine Ashley, middle school teacher of the year from Crowville School; and Karen Newman, high school teacher of the year from Franklin Parish High School.
Teachers representing local schools are, Blenda McHenry, middle school teacher of the year from Baskin School; Ann Wallace, elementary teacher of the year from Crowville School; Janae Hillard, elementary teacher of the year from Gilbert Jr. High School; and Sandra Englerth, middle school teacher of the year from Gilbert Jr. High.
A reception for the honorees, their families and principals from each school will be held prior to the regular meeting of the board.
In other news, Johnson reported a sharp decline in referrals at area schools for discipline problems. According to Johnson, discipline problems decreased as much as half at some schools.
"We're proud that the discipline referrals are down," said Johnson, though he wasn't certain as to the reasons for the decline.
Bid submissions for the portable buildings formerly located on the campus of Franklin Parish High School will be awarded during the regular meeting.