Wood BOE meets tonight
PARKERSBURG — The Wood County Board of Education will meet tonight for its first session of 2020.
The meeting will be held at 6 p.m. at the board’s 13th and Plum streets offices in Parkersburg. The meeting is open to the public.
The board will receive a presentation from Linda Hindman, president of the Wood County Teachers Retirement Association, concerning the group’s retirement fund which is expected to run out of money within the next 6-8 years.
The group held a vote in late December to dissolve the fund, but the outcome of that vote has not yet been made public. Officials were doubtful the fund would be dissolved as the group’s bylaws required 90 percent of its membership to vote “yes,” while any ballots not submitted would automatically be considered a “no.”
If the association does not have sufficient votes to dissolve the fund, the association would instead seek a vote on changing the group’s bylaws to allow current employees and retirees who have not received the balance of their contributions to exit the association.
Superintendent Will Hosaflook said he will cover a variety of topics in his superintendent’s report tonight, including energy conservation at schools, leave of absence procedures, professional development and update on policies being worked on by the central office staff.
The board will conduct a mid-year review of the superintendent, said Board President Rick Olcott.
“We will review in executive session and then make a statement in public,” Olcott said.