Depends.
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Once my kids are no longer in elementary school I may consider a run. You have to be willing to sacrifice a lot of family time and personal time and deal with people shoveling their poop onto you. Generally with any executive position, you will almost never hear what people like, but you will get a lot of angry feedback (some of it spot on, others by people who may have had unrealistic expectations in the first place). If you're a good SB member, you'll need to be willing to learn more than you ever wanted to know about insurance, state standards, how school budgets work (they don't work like your budget), and how to deal with the politics of district administrator (who like another poster mentioned may indeed look upon you as their rubber stamp, and so if you are doing your job of oversight may not be pleased/may run around you), public, parents, teacher unions, PTA/PTO organization, local political parties and religious groups, ect. I think most of the time it's uneventful, but you never know when the bomb is going to drop (a sudden catastrophic loss of funding, a major lawsuit, ect).
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There are risks involved as well. People can and may sue you for decisions you make (you'll have liability insurance through the organization but it's still horribly stressful). You may have to face down a heckling/angry crowd over situations that are not your fault. You may have to live with the ramifications of an (unintentionally) bad decision. You'll learn things about your SD that perhaps you would have preferred not to. If you speak out about something you may be targeted by a community group.
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OTOH, you do have the potential for great impact. You'll have a chance to ask questions. You might be invited to see a lot of really cool and exciting programs that schools put on. You may be able to add a voice that was missing and is sorely needed.
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For me, it balances out on the plus side. But I've sacrificed a great deal of time, effort, and energy at the local school/program level and it can and does negatively impact my family at times, so I feel that I owe them a break, at least for the rest of the 3 years I have kids in elementary school after this year. Yes, you can probably not sacrifice a lot of time and energy, I guess (some people certainly seem to not be bothered, at least in my area!) but IMO that probably means you're doing a crappy job if you don't ever feel pinched!
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I would definitely talk to school board members AND sit in on SB meetings/retreats/discussions as much as possible for the rest of this school year (or whenever you have to file) before you decide. Any kind of district organization has a much different culture than being connected at your kids' school. It can be a launching point, but not every advocate/active parent is suited to being an executive at the school board level; but OTOH I would not rule it out either, you just never know until you see. Most SB study sessions, ect. are open to the public too (although they may not advertise it). You probably will get a better view of the culture and operation of your local school board going to those than just the public meetings.
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But please keep in mind that I'm not in your state, and it could be totally different in your area. Just my observations from my area. :)