New Castle News


February 16, 2012

Laurel to refinance bond issue

NEW CASTLE — The Laurel School District plans to take advantage of favorable interest rates to refinance a 2007 bond issue.

Refinancing of the $10 million issue is projected to save the district $875,000. The loan was used for construction at the junior/senior high school.

The school board authorized the administration this week to work with Public Financial Management Inc. as financial adviser, Dinsmore and Shohl as bond counsel and the district’s solicitor in the refinancing.

The board also approved an agreement with Milliman Consultants and Actuaries to provide calculations on the cost of post-employment benefits for district employees as required under the Governmental Accounting Standards Board. The firm’s fee is $7,087.

The board also:

•Adopted the 2012-13 school calendar. The first day of school for students will be Aug. 27 and the last day will be June 6, 2013.

•Hired Diana Hannon as assistant junior high cheerleading adviser at a salary of $1,950 for the 2011-12 school year.

•Approved a family medical leave for Pamela Croach, elementary music teacher, to be used intermittently throughout the remainder of the 2011-12 school year.

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  • Laurel vacancies filled

    Vacancies within the Laurel School District are being filled prior to the start of school next month.

    July 18, 2014

  • Laurel to have multi-class reunion

    A multi-class reunion celebrating the 25-year anniversary for Laurel’s classes of 1987 through 1991 is set for Sept. 13.

    July 14, 2014

  • Laurel board approves budget

    The Laurel School Board has adopted a $17.8 million budget for the 2014-15 school year. The $17,849,586 spending plan requires no tax increase. It represents a $361,496 increase over the current year’s budget.

    June 19, 2014 1 Story

  • Laurel names secondary principal

    The Laurel School Board hired Mark Frengel as secondary principal of student affairs. Frengel will receive a salary of $88,000 for the 2014-15 school year.

    June 19, 2014

  • Laurel class of ’74 planning reunion

    The 40-year anniversary reunion for Laurel’s Class of 1974 has been set for July 19.

    June 18, 2014

  • Laurel budget proposal has no tax increase

    The Laurel School Board has introduced a $17.8 million budget that requires no tax increase. The $17,849,586 spending plan for the 2014-15 school year is $361,496 higher than the current year’s.

    May 15, 2014

  • Laurel Class of ’74 to hold reunion

    Members of Laurel High School’s Class of 1974 will celebrate their 40th anniversary this summer.

    April 11, 2014

  • Laurel OKs positions

    The Laurel School Board approved the employment of three instructors for additional duties this week.

    April 9, 2014

  • Cooper.tiff Laurel hires Cooper as new football coach

    Laurel High has found its man. Brian Cooper replaces Pat Cuba at the helm of the Spartans football program. Cuba resigned last month after leading the Spartans to a 7-3 record and the program’s first playoff appearance since 2009.

    April 9, 2014 1 Photo

  • gavel.jpg Forbes appointed to Laurel board

    Blaine Forbes has been appointed to fill a vacancy on the Laurel School Board. Forbes, who previously served on the board, was approved Monday by a unanimous vote of the eight board members.

    March 25, 2014 1 Photo

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