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Pascack Valley district cites steep health‑insurance increases and declining enrollment as budget pressures
Summary
District staff told the board the 2025–26 budget faces a near $800,000 health‑insurance adjustment, potential 3% state aid cut tied to falling enrollment and reduced excess surplus, and that extraordinary aid and reserves will be used to balance the budget.
At the Pascack Valley Regional High School District board meeting on Feb. 24, the district’s budget presenter warned that rising health‑insurance costs, falling enrollment and shrinking reserves are combining to make the 2025–26 budget more difficult to balance.
Mr. Usami, presenting the budget report, said the district expects a health‑insurance adjustment “of almost $800,000,” which he estimated would push the district’s tax levy increase to about 3.4 percent if state aid does not change. He told the board health‑insurance costs for the School Employees’ Health Benefits Plan are being projected in the 15–20 percent range and said he preferred to plan on the higher…
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