We have a lease that expires in October. Um, and so we spent some time taking a quick look at the market, trying to determine if there are any better opportunities out there to either purchase, you know, purchase a building to retrofit, move into other lease opportunities, um, and such. And and with that, um, I think we've come to the conclusion that there really aren't any better opportunities that this remains a very economical, uh, solution for you.

As a reminder for those of you that haven't been paying attention, we've also got the right to terminate in this lease um annually. So it really provides ultimate flexibility. Um so um once a year you have the ability to decide not to um allocate funds to this and you can terminate fully.

The National Federation of High Schools, which kind of oversees and sets the rules for like state high school that we adopt or modify, um is different than what the Vikings are doing. Um and so I see that to be a little bit of a challenge. The equipment requirements are different than what the require.

That fee is just set with it's in line with my more expensive activities as well as the other athletics. So, um you know, we're not going to exceed what what they're doing at all.

The primary issue is just that you know K12 is funded primarily by the state whereas finance director was that David was was talking about earlier you got those four funding streams that basically so are you providing free public education to those K12 students but at Pearson it's a it's a fee based program and so that program needs to kind of pay for itself to a large extent and um that money tends to come by um the number of days that you have as student contact.

The whole idea here is to say we haven't really done a deep dive, you know, in terms of how this stacks up from a contractual uh standpoint in a long long time. Um and there's been more pressure across the straight the state across the state for for a long time. Early childhood was not um on the the full teacher contract in terms of pay and benefits and those sorts of things.

The short-term solution is to take some days from those other purposes. So that might be professional development or teacher work days at the end of a quarter where they turn grades around or those sorts of things. Swap those into student contact days for the purpose of allowing them to earn the the same amount of money.

The district really didn't want to lose the PD time. So, as another part of the agreement was to take those 14 hours of professional development and turn those into one-hour uh professional developments one time a week, 14 different weeks over the course of the school year.

The lack of segregation of accounting duties um that the district has been receiving and is very common for districts to receive.

The state is reimbursing us for every meal we serve. Every school district is encountering this issue that their fund balance and food services expand. I mean, we saw it at my previous district. It was just exploding and you could hire more staff when you really didn't need more staff.

We're just bring they're the elevator itself is not changing. It's changing the controls, the pumps and all that stuff so that you know we're bringing everything up to more modern equipment. So that way if something if we do have breakdowns or something like that in the future, parts will be easier to get and less likely to have a long-term shutdown of an elevator, which we could have now.

It is was part of our LTFM, long-term facility maintenance plan. So it's just kind of following up once we got the quote number for the board to see, you know, for yourselves.