Oct 17 2018

The ongoing School Board election campaign has resulted in misrepresentations about the District’s sale of Capital Appreciation Bonds during the seismic bond program, and the refinancing of those bonds.

I served on the School Board during the seismic program, but anyone can review the meeting agendas and materials to understand the facts. A good place to start is the 2014 Seismic Safety Bond Program Financial Summary, http://www.piedmont.k12.ca.us/bond/SSBP_Finance_Summary.pdf. Below are some relevant facts:

First, the District and the School Board clearly understood the difference between Current Interest Bonds (CIBs) and Capital Appreciation Bonds (CABs), as well as Qualified School Construction Bonds (QSCBs) and Bond Anticipation Notes (BANs). These financing mechanisms, their pros and cons, were discussed in public meetings back to 2006. Very roughly speaking, CIBs reduce total interest payments by levying taxes at a higher rate to pay down the debt starting immediately, while CABs reduce the immediate tax rate at the cost of greater total interest payments by deferring repayment of the debt. Board carefully considered which options were feasible and prudent under the circumstances, and made financing decisions following public discussion.

Second, the Board authorized the sale of CABs (Series E) to allow seismic renovation work at Wildwood and Beach Schools to proceed, rather than defer such work for years until older bonds were paid off, which would have left our children in seismically unsound buildings, increased construction costs, and lost access to the “replacement school” in Emeryville. (If you want more detail, the CABs were sold to repay the BANs that were sold to allow the District to obtain QSCBs—see SSBP Financial Summary. QSCBs were near-zero interest bonds that must be repaid in 15 years and saved the District about $40 million, http://www.piedmont.k12.ca.us/aboutpusd/agenda.minutes/QSCB_012511_presentation.pdf ). Pursuant to statute, anticipated tax rates to repay bonds issued under Measure E were limited to $60 per $100,000 in assessed value. The District could not have sold CIBs to fund this work as the tax rate to repay the bonds would have exceeded the limit. Selling CABs deferred the repayment, and the taxes to make repayment, until other bonds were paid down and thus complied with the limit. See, e.g.,

http://www.piedmont.k12.ca.us/aboutpusd/agenda.minutes/2011_12/050813packet.pdf at pp 2-3.

I do not recall anyone, including current School Board candidates, appearing before the School Board at the time to argue that Wildwood and Beach work should be deferred for years to reduce total interest payments. Wildwood and Beach parents vocally supported proceeding with the work.

Third, refinancing bonds to save money is not a new concept. Even before the CABs were sold, the Board and District anticipated re-financing them as soon as it was possible to do so (call dates were set as soon as feasible given market requirements). See May 8, 2013 Minutes at 3-4, http://www.piedmont.k12.ca.us/aboutpusd/agenda.minutes/2011_12/050813minutes.pdf. The District and Board had a history of refinancing older bonds when interest rates come down, and had done so in 2009 and 2014. See http://www.piedmont.k12.ca.us/aboutpusd/agenda.minutes/2014_15/10-22-14_Packet.pdf. The Board refinanced Series B CABs in 2015. http://www.piedmont.k12.ca.us/aboutpusd/agenda.minutes/2-11-15_Agenda.pdf.

In Fall 2017, the Board and District identified options for refunding the 2013 Series E CABs and held two public meetings to obtain input.

http://www.piedmont.k12.ca.us/wp-content/uploads/2017/10/2017-CAB-Refunding-Options-Summary.pdf

http://www.piedmont.k12.ca.us/wp-content/uploads/2017/11/Background-Refunding-of-Outstanding-CABs-or-NOT.pdf

http://www.piedmont.k12.ca.us/blog/2017/12/15/district-saves-taxpayers-more-than-26-1-million-with-bond-refinancing/

The Board elected to refinance the 2013 CABs with CIBs, saving Piedmont taxpayers $26.1 million.

http://www.piedmont.k12.ca.us/blog/2017/12/15/district-saves-taxpayers-more-than-26-1-million- with-bond-refinancing/. According to Minutes of the Nov. 8, 2017 meeting, however, “Hari Titan encouraged the Board to wait for at least a year on CAB refinancing.” https://agendaonline.net/public/Meeting.aspx?AgencyID=1241&MeetingID=12755&AgencyTypeID=1&I sArchived=True. Fortunately, the Board correctly chose to proceed with the refinancing in December 2017 as interest rates have continued to climb.

Fourth, the School Board, well aware that CABs keep current tax rates lower only by increasing total interest payments, has chosen CIBs over CABs when available. In 2014, when proposing a bond measure to fix Alan Harvey Theater, the Board ruled out using CABs as the feasible tax rate supported the CIB option. No one on the Board was advocating CABs. See January 8, 2014 Minutes at 7-9, http://www.piedmont.k12.ca.us/aboutpusd/agenda.minutes/2012_13/1-8-14_approved_minutes.pdf.

In short, claims about misuse of CABs in the past do not reflect the facts. This School Board election should focus on solving real challenges to maintaining Piedmont’s high quality educational system.

Rick Raushenbush, Former Piedmont School Board Member

Oct 16 2018

Julie Caskey and I met at a Girls Leadership parent-daughter workshop in Piedmont.  I have also worked alongside Julie as a volunteer and an advocate when she was the President of the Advanced Learners Program Support (ALPS) parent group, promoting diversity and differentiated learning.

I felt compelled to announce my endorsement of Julie when I found out only two of the existing five board members have children in Piedmont schools now, those being in high school.  As a 25-year government executive and business owner, it makes sense to me that our community would want balanced viewpoints on our school board.  What it lacks right now is a current parent of the elementary and middle schools.  Our social environment and digital landscape have changed greatly in the past decade, so it is only wise that we have someone who understands the needs of young children today.

Here is why I support Julie Caskey for Piedmont School Board:

  1. I have seen first hand how passionate she is about our children’s education.  Julie has volunteered at our schools full-time for the past seven years.  Her dedication is clearly unwavering.  She is also exceedingly capable.
  2. Julie will be the ONLY school board member who has children in elementary, middle, and high school.  She is a fellow parent in three different schools in Piedmont and can represent the interests of a wide spectrum of parents.  She can help PUSD stay relevant and make sound decisions while improving accountability and transparency.
  3. Julie’s qualifications speak for themselves.  After graduating from Columbia Law School, she dedicated herself to public service for 25 years when she could have worked anywhere else.  As a defense lawyer who advocated for children and minorities, she is simultaneously compassionate and tough.  When one of the school board’s main responsibilities is personnel management for the school district, it makes sense that we have someone who brings negotiation and legal skills to the table.

Join me in voting for Julie Caskey for Piedmont School Board on November 6th.

Michele Kwok,   Havens Parent

Oct 16 2018

We are writing to endorse Amal Smith for school board. Amal has deep roots in this community and demonstrated service. Before being elected to the board in 2014, she volunteered in small and big ways from Beach to PHS to the Piedmont Education Foundation. Her experience from a career in higher education financial management and administration together with her volunteer work mean Piedmont will be served by someone with strong and relevant skills.

Amal is smart and thoughtful, dedicated to public service and our children and their families. She is committed to stakeholder engagement and knows how to make reasoned decisions when there are differing opinions. Please join us in voting for Amal for school board!

Matt & Margaret Heafey, Piedmont Residents

Oct 16 2018

I’m voting for Julie Caskey for the School Board, and I’d like to tell you why—she’s effective at getting things done for our kids.  Having four kids of her own spanning Piedmont’s elementary, middle, and high school, Julie is 100% vested in our schools.  She also understands a personalized approach is critical to unleashing each child’s potential.

I’ve worked with Julie for the past eight years as a fellow board member of Piedmont ALPS (Advanced Learner Program Support). As president for two years, she brought stellar organization, a collaborative style, and a relentless drive to implement changes that will better prepare our kids for the world they will inherit upon graduation.

Julie gets things done.  She raised money and helped create a position for K-12 called a differentiation coach. As a result, Amy Symons Burke now works with teachers and students to create differentiated learning plans, and gain access to resources to support those plans–whether the students are advanced, challenged, or just need something different, as many kids do. Julie was also an instrumental math task force member, implementing a new compression math option for 6th graders. We have amazing teachers in Piedmont. Julie works to make sure they have the support and resources they need to help every child reach their potential.

As our teachers know, best practices in education are changing and evolving rapidly.  Our teachers are no longer standing at the front of a classroom, lecturing students.  Learning is interactive, collaborative, differentiated.  Chromebooks enable new opportunities for learning, allowing children to better learn at their own pace.  As a current parent, an active member of ALPS, The Beach Parent Organization, and other school groups, Julie understands how these changes and opportunities should best be implemented.  She isn’t afraid to embrace change if it leads to better outcomes for our kids and pushes Piedmont to continue evolving so that we can maintain our standards as a top school district. 

Julie also worked for 20 years as a lawyer, assisting women, children, and families that had been marginalized, excluded, and left behind. Julie will bring the passion, intelligence, and energy she brought to her career to her role as a member of our school board.

I feel confident that having Julie on our school board will enable our schools to provide a better learning environment for all our students.  I hope you will join me in voting for Julie Caskey for school board.

Kim Fisher, Piedmont Resident

Oct 16 2018

Megan Pillsbury and I worked together on the School Site Council at Havens more than a decade ago.  I am excited to hear she is running for School Board. We’d be lucky to have her as a trustee of our school system!  She will bring a unique viewpoint to the board, since she combines classroom teaching experience with the understanding of a parent, as well as taking a systemic perspective of education.

Though we didn’t know one another at the time, we volunteered to work together to research the impact and benefits of homework for elementary school students. She was not only interested in thoroughly researching the topic so our work would be grounded in facts, but also attentive to gathering input from all those invested in the topic – from students, to parents to teachers to administrators and other staff.  She worked extremely hard to understand people’s interests, and to think through how we might design a comprehensive and flexible program at Havens to meet as many people’s needs as possible, in the context of the evidence of what works best for students.  Then she worked to document and implement a system for homework at Havens – so that parents knew what to expect and why, so that teachers had supports in place and didn’t have to reinvent, so there was consistency from classroom to classroom from an administrative perspective, and so that students would have homework that made a difference in their learning.  I was impressed at every stage of this project: by Megan’s commitment and dedication, by her thoroughness, by her systems thinking, by her focus on meeting interests and needs.  Based on these, we delivered an excellent and comprehensive homework program at Havens.

Megan Pillsbury has the experience, talent and perspective to serve us well on the Piedmont School Board.

Dana Serleth, Piedmont Resident

Oct 16 2018

I am writing to ask my fellow Piedmonters to re-elect Amal Smith to the Piedmont School Board. First, Amal has demonstrated here commitment to Piedmont’s children for over 18 years. Beginning as a room parent volunteer when her children went to Beach, Amal’s commitment continued as she served in leadership positions on the Beach Parents Organization, the Piedmont Education Foundation, as member of the District Budget Advisory Committee, and as a member of the PUSD Wellness Center Advisory Board.

With over twenty eight years of experience in the field of higher education, currently as the Associate Dean of Financial Affairs at the School of Medicine at UCSF, Amal brings a wealth of financial management experience to the school board. More importantly, over the last four years as a school board member, Amal has demonstrated her strong leadership skills as she has navigated a variety of issues including our district’s financial challenges and curriculum transitions.

Amal is working to serve ALL of Piedmont’s children and takes her responsibility very seriously. She is open, honest, and smart. We need people like Amal on our school Board. Please join me in voting for her on November 6 th .

Cathy Michelotti Glazier, Piedmont Resident

Oct 10 2018

Endorsement Letter for Amal Smith

I have had the pleasure of sitting next to Amal Smith for the last four years as fellow school board members. Together, we have participated in countless board workshops, interview sessions, liaison meetings and more. That is to say, I’ve seen her in action. She is thorough, prepared, thoughtful and smart.

During our four years together, she has been a steadfast advocate for our students and steward of our school district. She has tirelessly given her time and talents to something we both consider our town’s greatest asset. And it has come with challenges. If you’ve followed our work, you know we are sometimes faced with tough decisions, limited choices or unpopular outcomes. If you haven’t, know that the requirements to prep for and decide on issues ranging from personnel, curriculum, discipline, finance and long term planning are
challenging. They demand a level head, perspective, wisdom and an abiding faith in our mission.

Amal Smith is the best candidate running for this office with the requisite skills and experience to do the work that needs to be done. That is why I strongly endorse her candidacy for this year’s school board election. Please join me in voting her in for another four year term.

Doug Ireland, Piedmont School Board Member

Oct 7 2018

We have lived in this beautiful city of Piedmont for twenty years. As working professionals, we don’t have hundreds of hours to attend long board meetings and read dense financial reports filled with complex financial calculus.  That’s how Dr. Titan found out about the expensive financing schemes that did not improve the schools but cost taxpayers unnecessarily high interest charges.  We’re grateful to Dr. Titan, a father and mathematician, for devoting his time and interest on the finances of our schools since 2013.  He helped save us $26 million once and he might save an additional $26 million dollars!  Piedmonters will be well served with Dr. Titan on the School Board.

Sincerely,
Wayne Leong and Suzanna Chan, Piedmont Residents

Oct 7 2018

We are pleased to offer our endorsement of Amal Smith for School Board.

Amal is a valued member of our school board who is deeply invested in our community. We appreciate her commitment to giving back to the district after benefitting from a solid K-12 education for her two sons. Amal is a champion of student wellness and we admire her passion for ensuring that our students are both happy and high achieving.

Amal has a proven track record of working well with others through her prior volunteer work in Piedmont and her endorsements by all of her fellow current school board members. Further, her experience in higher education at both the University of California and UCSF is an asset in navigating the complex relationships between the many stakeholders of our school system: students, teachers, administrators, staff and parents.

With her deep background in finance, Amal will be especially useful in what we expect to be continued turbulent years ahead with regard to budget. With CalSTRS using an unrealistic expected rate of return of 7%, Piedmont must expect further erosion of our operating budget to fund pension liabilities. Amal is the kind of financially savvy operator we will need to analyze our expected shortfalls and cooperate with others to address them.

School Board representation requires a heavy investment from both the candidate and the community. Let’s take advantage of the four years Amal and Piedmont has invested and reap more fruitful work from a capable professional who is already up to speed on our district’s issues and dynamics.

Dion and Amy Lim, Piedmont Residents

Oct 6 2018

On Wednesday, September 26th I attended a School Board Meeting at City Hall. At the front of the room sat the Board Members, Ms. Pearson, Ms. Smith, Mr. Ireland, Ms. Smegal and Ms. Swenson. Ms, Pearson sat in the middle as the president. Beside the Board Members, were Mr. Booker, the Superintendent of the Piedmont Unified School District, and Max Roblait, a student representative.

School Board meetings are to inform the District leaders, as well as the public, about what is going on in the School District and allow the public to express their concerns, show their support for a certain policy or advertise upcoming events.

After reciting the pledge of allegiance, Mr. Kesler, representing the teachers’ union, addressed grievances about the new online Ingenuity courses. Specifically, teachers were denied the responsibility of looking over the online classes. The administration, instead, hired substitutes. Mr. Kesler explained that because substitutes are not as qualified as teachers, students will get a poorer experience. Though cheaper in the short term, it is not in the best interest of the school. This matter has already been decided on, but Mr. Kesler was asking the Board to reconsider their previous decision. I agree with Mr. Kesler and the teachers’ union.

Part of the reason there are online courses is because Ms. Hutin-Lee left the school, leaving many of her fellow teachers upset and angry. This issue furthers teacher discontent, and frankly it is not worth the trouble. The administration should stop trying to cut corners with unqualified substitute teachers, and just do the online courses right by hiring regular teachers.

A representative of the Giving Campaign announced their fantastic launch. On the first day, the campaign raised a record $200,000. This money will go to help school staff, increasing their salary. Sending out gifts encourages good teachers to come to Piedmont and stay in Piedmont.

If I could have talked to the representative, I would have told her my opinion of online donations. Because donating money online is less personal, many people tend to donate less or even skip donating entirely. “Back to school” donations have been at an all time low since the online system was established. Friendly human connection at fundraisers and events will encourage people to donate more.

Max Roitblat, the president of ASB at Piedmont High School, informed the meeting that Ingenuity Online courses had launched, as stated previously by Mr. Kesler. Students have given the courses mixed reviews. While some students enjoyed going at their own pace, others felt that they were falling behind schedule. Students in Spanish courses also noticed that they scored more poorly on their online Spanish quizzes.

Max reported that the Senior Picnic went smoothly.

Then, Max addressed upcoming PHS events. These include the Safe Driving and Consent assemblies on October 25th and 26th. Accompanying these assemblies is a Parent Preview Night for parents to get involved.

On Friday the 28th, was the Homecoming Football game and on Saturday the Homecoming dance, with this year breaking a record for ticket sales. Mr. O’Regan was chosen as the Court Grand? Marshal this year. There will be an ASB Halloween event.

Sitting in the audience, it was exciting to get sneak peaks on upcoming ASB events.

The meeting opened the floor to any audience members who had something to say.

First was a man named Mr. Rick Schiller, a long-time resident of Piedmont. He brought up two seemingly-unrelated topics: pickleball and taxes. He was able to connect the two, as both relate to senior citizens in Piedmont. Fixing the tennis courts would really help the elderly who play pickleball there.

Schiller noted tax exemptions, similar to those in many other cities, would help relieve elderly financial stress. Giving tax exemptions would not have to cost the School District too much, if it was based on income.

PHS students Charlotte Diggatno and Mikaela Vawter addressed their grievances regarding the girls’ bathrooms. Bathroom stalls are not locking, causing people to get walked in on. The bad lighting in the 30’s building bathrooms are hazardous and have been broken for years. Becoming a major issue, the poor quality of the girls’ bathrooms needs to be changed. All Board members showed their support for the two girls, and promised to solve the problem.

A woman came forward to present new changes in Piedmont’s wifi configurations. New connections are being formed for better internet connection in Piedmont. The changes have already begun, but the lady wanted more  people to be informed. She came to the School Board meeting: to reach out to the schools, which are in the heart of Piedmont. Though her information didn’t directly pertain to the schools, she was able to get her message across to many.

The main event of the meeting came at the very end: the plans for the H1 PHS construction project. Costing millions of dollars, construction on the new STEAM building will begin in July next year, 2019. Plans for the new-three story building containing 20 classrooms, were shown by projection onto a drop-down screen. Mr. Palmer talked about the project in general, eliminating confusing details so all present could understand. Besides the new building there will also be a brand new theater and renovated field.

Because Witter Field will be under construction next May, the senior and 8th grade graduation will be held at the Paramount Theater. This is a hot spot for graduations, used by Bishop O’Dowd High School and many colleges. The theater contains more than enough room with 2800 seats. From the theater, buses will leave for Grad Night.

After the presentation of the complex blueprints, Ms. Pearson, the Board President, asked if any audience members wished to speak about the project.

Having a question prepared, I volunteered to go first. A few years ago, when the Alan Harvey Theater was renovated with new theater cushions, I took home some theater seats they were going to dispose of. They are currently reupholstered in my basement private theater. Slyly looking for an opportunity to get more free stuff, I asked the Board what will become of all the current theater seats, stage props, lights, desks, science supplies and more.

At first I was nervous talking at the podium, however, because I knew Mr. Booker and Max, it wasn’t so bad. Mr. Palmer, eager to answer my question, returned to the podium and explained that all the supplies will be salvaged, saved or sold. (I couldn’t take any of it.) Mr. Palmer’s answer satisfied my curiosity about where the stuff would be going. More PHS students asked questions about backstage crew at the new theater, new teachers and sports practices.

The meeting ended with the board members discussing their last two weeks. Many of them went to the Beach Pancake Breakfast that I volunteered at the weekend before.

At the very end, as people were packing up, I went up to the Board Members and showed them some of the “courtroom” sketches I made during the meeting. To keep myself focused, I usually doodle people and things around me. They liked seeing my drawings and joked that I should sit in every other week and make official sketches of their meeting. I was pleasantly surprised by how nice and friendly the Board Members were, despite their professionalism during the meeting.

On my way out of City Hall, I ran into PHS Principal, Mr. Littlefield. I asked him why he came to the meeting. “Whenever they talk about the high school, I’m usually there,” he told me as he got into his car. “This time I was here because of the new building designs.” I asked him what he thought about the meeting. “Typical,” was his answer. I thanked him and waved goodbye.

By Natalie Jeng, Piedmont High School Senior