While the rest of the world is scrambling to take a crash course on economics, Sublimity Elementary fifth-graders will be treated to an in-depth look on the subject next semester. The school has been awarded a $15,000 CitiFinancial grant, money that will be used to explore global economies.

Principal Betty May Hodges said, while final details are still being ironed out, part of the program will involve kids each receiving $75 worth of play money for the year.

“They can either spend that or save that for a trip to Pigeon Forge,” she said. “How they earn and how they lose that money will be tied to behavior.”

Hodges said kids will learn the benefits of saving throughout the year.

“A lot of times, kids don’t understand that,” Hodges said. “They want immediate gratification. This is dangling carrots out there to say, ‘Can you wait?’”

Kids will also learn about emerging economies in the world, like those in China and India.

In turn, the trip to Pigeon Forge will feature a stop at Dollywood’s Festival of Nations, which is similar in concept to Disney World’s Epcot Center.

Motion to accept the grant was made by Eddie Jones, seconded by Joe Schenkenfelder and unanimously approved.

In other action, School Board members:

• Allowed Wyan-Pine Grove Elementary to apply for a Goody’s Good Deeds for Schools grant. If awarded, the money will go toward buying books for the school’s library. Wyan-Pine Grove will compete against Cold Hill Elementary, and other schools, for the grant. Motion was made by Schenkenfelder, seconded by Tommy Smith and unanimously approved.

• Awarded the office supply bids to Sentinel Office Supplies, Cumberland Valley Office Supplies, Office Depot and OfficeMax for calendar year 2009. Price comparisons show that each of the bidders could have the lowest price depending on the item purchased, so bids were awarded to all four companies. Motion was made by Jones, seconded by Albert Binder and unanimously approved.

• Agreed to attend the Kentucky School Board Association Winter Conference in Lexington Dec. 12 to 13. Motion was made by Binder, seconded by Smith and unanimously approved.

• Recreated one special education assistant position at North Laurel Middle School (motion by Binder, seconded by Smith, unanimous); created two part-time instructional assistant positions at London Elementary (motion by Schenkenfelder, seconded by Binder, unanimous); and created one special education assistant position at Sublimity Elementary (motion by Binder, seconded by Schenkenfelder, unanimous).

Staff writer Tara Kaprowy can be reached by e-mail at tkaprowy@sentinel-echo.com.

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