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Keystone Central discusses 3.55% and 1.78% millage options as district deficit narrows
Summary
District administration presented a proposed general fund budget showing improved health-insurance renewals and options to narrow a projected deficit, recommending either a 3.55% or 1.78% millage increase for board direction ahead of a May vote.
Keystone Central School District officials on April 3 presented preliminary budget scenarios that narrow a projected deficit and asked the board for direction on whether to include either a 3.55% or 1.78% millage increase in the proposed final budget due in May. Administration said renewed health-insurance rates are lower than budgeted and other revenue and expense assumptions change the shortfall but do not eliminate it.
Assistant Superintendent Joni (last name not specified in transcript), presenting the general fund update, said Benecon’s renewal came in at 11.8%, below the 15% the district had budgeted, producing an additional reduction in costs she…
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