June 16, 2026 Board of Education Work Session

The Riverside Local Schools Board of Education held a work session on June 16, 2026, focusing primarily on financial planning, levy options, and capital improvement projects. Key procurement-related discussions included the impact of a fallen light pole on district property and insurance claims, the detailed explanation of tax increment financing (TIF) agreements related to new housing developments, and their effects on school district revenue over a 30-year period. The board reviewed complex TIF compensation agreements and discussed the need for improved oversight and renegotiation to ensure proper payments to the district. Additionally, the board considered the potential adoption of a 1% earned income tax levy, including the allocation of funds between current expenses and permanent improvements, with attention to legal and procedural requirements for levy resolutions and ballot language. The session also covered capital projects such as a new bus garage and turf field, the use of state expedited local partnership (ELP) funds for school facilities, and strategies for managing debt service and future infrastructure needs. No formal votes on procurement contracts were recorded, but the board discussed action items related to budget allocations, levy structuring, and capital improvement planning.