FHSD Board of Education Work Session - May 7, 2026

The Francis Howell School District Board of Education held a work session on May 7, 2026, focusing primarily on long-range financial planning, including debt service levy transfers, no tax rate increase bond issues, and employee insurance costs. The board discussed three options for managing the district's debt service levy and bond issuance in light of pending state legislation (Senate Bill 10002) that would restrict bond elections to even-year November general elections in St. Charles County. Financial advisor Brent Blevens presented scenarios for bond issues ranging from $160 million to $250 million over the next two decades, emphasizing the district's low current tax levy and constitutional bonding capacity. The board also reviewed detailed employee insurance plan options, highlighting rising costs, subsidy levels for spouses and dependents, and potential premium increases ranging from 0% to nearly 8%. The discussion included the impact of state funding shortfalls, the need to balance budget deficits, and the challenge of maintaining competitive benefits to retain staff. No final votes were taken, but the board considered timing for potential levy transfers and bond referenda, as well as insurance plan adjustments, with a decision timeline extending to the June 4th meeting.