"January 29, 2016
Dear Kindergarten Parents/Guardians,
It is hard to believe, but the half-way mark for the Glen Rock Public Schools new Full-Day Kindergarten program is upon us! Full-Day Kindergarten teachers have been meeting on a monthly basis to review the program and their classroom practices.
Now, it is important for you to share your Full-Day Kindergarten experience with us. Your feedback on this new initiative for the Glen Rock Public Schools is of great value to us as we prepare for year two implementation.
Please check your email for the link to a short three-question survey aimed at providing us feedback to assist in preparations for the second year implementation of the Glen Rock Public Schools Full-Day Kindergarten program.
I also welcome the opportunity to speak with you personally. Kindly feel free to schedule an appointment with me by calling Mrs. Petrasek at 201-445-7700 (x8950).
I encourage and appreciate your participation in this survey. Thank you.
Paula Valenti, Ed.D.
Superintendent of Schools
C: Director, Curriculum and Instruction
Taxpayers in the Borough of Glen Rock will save more than $4,058,000, or approximately an average of $225,000 per year, over the next eighteen years thanks to the refinancing of an existing series of bonds by the Glen Rock Board of Education, officials announced today.
Approximately $35 million of existing debt was refinanced. The bonds were originally issued in 2008 to fund renovations and additions at the Glen Rock Middle School/High School plus renovations at the district’s elementary schools. According to BOE President Sheldon Hirschberg, “while the board approved the refinancing last year, the market opportunity presented itself this week, so we acted swiftly to take advantage of market conditions.”
The successful refunding bond sale, slated to close on January 26, 2016, followed a new rating of “AA+” from Standard & Poor’s. This is an extremely high rating and the first time the school district has applied for a bond rating from Standard & Poor’s. The board’s previous bond ratings were with another rating agency and were one notch lower than the new Standard & Poor’s rating. The rating agency review cited the BOE’s sound financial position, the borough’s mature, residential tax base and very strong wealth and income levels, along with extremely strong property values as reasons for the high rating.
The board used that positive review and record-low interest rates in today’s market to trim the average rate on its debt from 4.60 percent to 2.50 percent.
“Taxpayers should take heart that the district is doing everything possible to find savings and reduce costs,” said Business Administrator/Board Secretary Michael Rinderknecht. “The results of this refunding exceeded our expectations.”
“School districts in New Jersey must seek savings wherever possible, and current market conditions can allow significant efficiencies,” said Sherry L. Tracey, senior managing director of Phoenix Advisors and the district’s financial advisor. “However, the district deserves credit for its sound financial management. Savings like this are not possible without a strong bond rating and “AA+” is one of the highest you can achieve. The board approved this transaction last year, and the administration acted quickly, allowing it to come to market this week.”
Dept. of Education might make taking PARCC mandatory for high school graduation
Daniel Munoz, New Brunswick Today
TRENTON, NJ--Students in New Jersey might no longer have the option to opt out of the controversial PARCC standardized testing, after a panel handpicked by Governor Christie released the results of a six month study on standardized testing and Common Core. The most notable of the 49 recommendations laid out by the panel is the use of PARCC testing as a high school graduation requirement starting with the Class of 2020. Click here to continue reading.
Please click here to review the Comprehensive Testing Report.
QSAC, New Jersey’s Quality Single Accountability Continuum, is the Department of Education’s monitoring and evaluation system for evaluating public school districts to determine the degree to which a thorough and efficient education is being provided. QSAC is based on five key elements of effective school districts: Instruction & Program, Operations, Governance, Fiscal and Personnel. Districts that have satisfied 80-100 percent of the quality performance indicators in each of these areas may submit a Statement of Assurance documenting they remain high performing, in lieu of receiving a full QSAC review every three years. At the regular meeting of the Glen Rock Board of Education on Monday, Dec. 21, the BOE will be voting on the recommendation of Superintendent Valenti to submit the Equivalency Application to the Executive County Superintendent to extend the district’s QSAC certification as a high performing district for an additional three years, i.e. through the 2017-18 school year.
Families are encouraged to visit: http://www.ready.gov/kit for important information regarding emergency preparedness.
November 12, 9:30 am – 11:30 am – GR Public Library lower level meeting room
November 12, 6:30 pm – 8:30 pm – Supt. Conference Room Central Office
January 13, 9:30 am – 11:30 am – Supt. Conference Room Central Office
January 13, 6:30 pm – 8:30 pm – GR Public Library lower level meeting room
April 19, 9:30 am – 11:30 am – Supt Conference Room Central Office
April 19, 6:30 pm – 8:30 pm – Supt Conference Room Central Office