St. James News

St. James School District approves general obligation bond refunding

    During the month of May, the Board of Education of the St. James R-1 School District took advantage of the favorable municipal bond market to establish interest rates on two separate financings. At a special meeting on March 3, the board established a final terms committee that approved the sale of $2,295,000General Obligation Refunding Bonds and at the regular May 21 meeting, the board approved the sale of $2,575,000 Leas Certificates of Participation to its Municipal Bond underwriter L.J. Hart & Company, of St. Louis, Missouri.

Board hears update on budget assumptions

    The St. James Board of Education heard from Superintendent Dr. Merlyn Johnson, who gave an update on budget assumptions for the next school year during a meeting on Thursday, May 21. Johnson told the board there is a lot of uncertainty due to the lack of information on what the state budget will look like, but expects cuts to be made that will impact the district.

PCB grants $6,000 to school district to help kids

    Phelps County Bank (PCB) has again given a grant of $6,000 to the St. James School District to be used for classroom needs. As part of a School-Business Partnership, PCB gives money annually to help give teachers additional funds for classroom projects, field trips, and to help with other costs.