BOE Meeting 2026.01.13

The Siloam Springs Public Schools Board of Education held a meeting on January 13, 2026, which included several procurement and budget-related discussions. The board reviewed options for financing the purchase and renovation of the Daypring facility through a "second lean" borrowing mechanism, which allows the district to borrow up to $23 million without voter approval, with annual payments ranging from approximately $1.5 million to $2.3 million. The board discussed the financial implications, repayment terms, and risks associated with this financing option but took no immediate action, opting to gather more revenue data before deciding. Additionally, the board reviewed updates on ongoing capital improvement projects, including delays in the intermediate school canopy installation and roofing projects at multiple schools. The board also approved a five-year copier contract, selecting Copy World over the lowest bidder due to their local service and reliability, and passed the annual school choice capacity resolution. Motions to approve the copier contract and school choice resolution were both carried unanimously.