May 9, 2008

School Scene

Campbell Union School District’s good credit saves taxpayers money

Teacher Kathleen Valiando congratulates Capri student Rahael Worku for earning reclassification from “English Learner” to Fluent English Proficient. Photos courtesy of CUSD

“In these times of bad economic news from the state, it’s nice to be able to tell our community that we’re saving them money on taxes,” said Campbell Union School District [CUSD] Governing Board President Scott Kleinberg.

In March, the governing board authorized the district to restructure its general obligation school bonds. The bonds sold last week with an aggregate savings to taxpayers of nearly $1 million.

“It’s a little bit like refinancing your mortgage,” said Dave Olsen of KNN Public Finance, the financial advisor on the district’s recommended bond refunding plan. “You seize opportunities, such as historically low interest rates, to reduce debt and save money over time.”

For nearly a decade, the elementary school district has maintained admirable ratings from financial investment corporations, such as Moody’s and Standard and Poors. Its current bond rating is a coveted Aa3.  Independent auditors have praised CUSD for its “exemplary accounting practices” and “responsible stewardship” of the public’s money.  

“We manage funds with an eye on how to use the money best to increase student achievement,” said CUSD Superintendent Johanna VanderMolen. “As public schools have experienced repeated budget cut-backs and deferred state funding, we have been able to maintain fiscal solvency, attract highly qualified teachers and raise student achievement. That’s something the public can be proud of.”

English learner reclassification celebration

Campbell Union School District [CUSD] honored nearly 300 students from 12 elementary and middle schools who earned "reclassification" as Fluent English Proficient, also known as "RFEP." Speakers included students and parents who attended the celebration at Monroe Middle School on April 4 and discussed their experiences in attaining English fluency. District Superintendent Johanna VanderMolen also spoke about learning English as a second language.

“I know that coming to this country without any base in the English language is very difficult; I’ve done it myself,” said VanderMolen whose first language is Dutch. “Our children are so accepting and accommodating of the changes in their lives, including learning a completely new language. Good for them! We celebrate their willingness and spark for learning.”

Students throughout CUSD speak more than 50 different languages. Approximately half of those languages were represented at the celebration.