WUHSD

Sandra Thorstenson - WUHSD Superintendent
 
Superintendent's Message
 

Our strong partnerships with our parents and the communities we serve play a vital role in the success of our students and our District, and your participation in the life of our schools has become increasingly important as we undertake a number of changes to advance our work.

That support was evident when more than 90 parents, students and community members attended the District’s February meeting to discuss our Local Control Accountability Plan (LCAP) and engaged in meaningful discussions on how best to improve educational opportunities for all of our students with our state funds.

There were many insightful comments and contributions that validated the work we are now doing and confirmed some ideas we have had as we thoughtfully consider the best use of the new state Local Control Funding Formula (LCFF) revenues. The committee, which serves as a representative body, is a wonderful example of the effective parent and student engagement that have been essential factors in our students’ achievements.

As you may already know, the LCAP is a new part of the budget planning process for California public school districts that came as a result of the state’s new LCFF, which gives local school boards more of a say in how to use state funds for the benefit of their students. Parent and community input are needed for our LCAP plan.

I am very encouraged by the progress we have made working with our certificated and classified staffs, parents, students and community members in collaboratively developing this plan, and we are confident it will result in additional programs and practices that will serve our students well.

I am also happy to tell you that the District’s recent bond sale was very successful.

Before the sale, District staff met with Standard & Poor’s (S&P) to update the District’s credit rating and S&P affirmed the District’s strong credit rating and assigned a “stable” outlook based in part on the District’s strong financial performance, good financial management practices and stability and governance style of the Board of Trustees. A strong rating is important because, much like our personal credit score, the District rating determines the cost of borrowing. The better the rating, the lower the interest rates.

The District garnered 11 bids from the investment community and accepted the best bid, which carried the lowest interest rate. Based on the interest rates provided by the winning bidder, the District achieved a very low cost financing with an all-inclusive interest cost of 1.96 percent.

As a result, the average tax rate increase is now expected to range between $9.67 and $10.28 per $100,000 of assessed property value, which is slightly lower than our original projections.

Thanks to your support, we can keep our commitment to complete the modernization of our campuses under Measure W and provide the positive, safe learning environments that our students need and deserve.

Sandra Thorstenson

Superintendent