“Members of the Shrewsbury TIF Commissionclashed over scheduling issues at their second meeting Wednesday, which caused the meeting to be adjourned and delayed until a later date. The 12-member commission is composed of representatives from Shrewsbury, St. Louis County government and the Affton School District. Its task is to issue a recommendation on developer G.J. Grewe’s […]
“A bad day for the stock market turned out to be good news for the Affton School District today. Despite fears last week that government inaction on the debt ceiling might roil the financial markets, an Affton School District bond issue did especially well Thursday as investors fled stocks for safer investments “We couldn’t have had a […]
“The debt-limit debate is hitting close to home this week as Affton School District officials worry that a crisis in Congress may hurt a planned bond issue. At a special meeting Tuesday night, the Affton School Board approved a resolution authorizing a new bond sale for the district, scheduled for Aug. 4. “The purpose is to refinance […]
“At its June meeting Tuesday night, the Afftonschool board passed a balanced budget for the district’s 2011-2012 school year. The budget projects total revenues of $27,246,300 for the coming school year and projected expenditures of $27,247,341. Business Director John Brazeal said that while budgets have been somewhat tight, the district has been successful at living within […]
“Local school districts, including Affton andBayless, are concerned that a recent Missouri Supreme Court ruling could result in a rapid influx of students from unaccredited districts transferring to neighboring districts or could negatively affect the voluntary transfer program. The court’s July opinion in the Jane Turner vs. School District of Clayton case said that school districts are mandated to accept any […]
“The Affton School Board wants its top financial advisor and its vice president to be among the 12 persons who will guide the creation of a tax-increment financing (TIF) district that proposes to turn the ailing Kenrick Plaza into a Walmart-anchored retail development. In response to a letter from the city of Shrewsbury, the board […]