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North Branch Schools

home : schools : schools August 23, 2017

7/20/2017 3:59:00 PM
CL board announces it will interview five candidates for superintendent

After initially selecting six semi-finalists for the superintendent position, the school district learned just before a recent meeting that they would only be interviewing five.

One of the candidates with  prior superintedent experience dropped out prior to the school board meeting on Thursday, July 13.  The five remaining candidates began the interview process on Tuesday, July 18. It continued to Thursday, July 20.

According to the school district’s timeline, they’ll narrow this list down to three after the interview and begin the finalist interviews on Thursday, July 27, and make an offer  the week of July 31.
All five candidates currently work in Minnesota school districts and range from Director of Curriculum to a Principal, to Superintendent.

There was more good news with the bond sale, with nine bidders on the bonds. According to Director of Business Services Heide Miller, there’s typically only five or six bidders – and the interest rate was 2.91 percent. The low bid was awarded to Mesirow Financial, based out of Chicago, Illinois.

In the referendum materials for the vote, an interest rate of 4.2 percent was used. That means over the life of the bond payoff, the district will save nearly $12 million in interest.

For the average taxpayer whose home value is $200,000, the monthly tax increase drops from the estimated initial number of $13 per month to $9 per month.



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North Branch Schools

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