Today marks the latest chapter in the ongoing dispute over the Denver Public Schools pension and its 2008 refinance and interest rate swap deal. The lead story on Education News Colorado this morning is a cogent analysis by financial journalist David Milstead, who followed the twists and turns of this issue for the Rocky Mountain News until the paper folded early last year. Milstead’s conclusion: Critics are right to worry, but they are focusing on the wrong aspects of the pension and its financing. At 4:30 today, the Denver school board’s Finance and Audit Committee meets to discuss the pension refinance, among other matters (agenda here). If it’s possible for a meeting about pension finances to be lively, this one should be.
What’s on tap:
The Aurora school board meets at 6 p.m. at the district offices, 1085 Peoria St. (agenda).
Douglas County’s Board of Education meets at 5 p.m., 620 Wilcox, Castle Rock (agenda). The first hour will be a closed executive session. The public meeting is slated for 6 p.m.