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Trustees authorize up to $8.5M additional funding to stabilize district medical plan
Summary
Trustees approved authorization for up to $8.5 million in additional funding to ensure the Pasadena ISD medical plan ends the fiscal year with a positive balance; staff said the amount is a forecast and final figures will be reported after year end.
The Pasadena ISD Board of Trustees on June 24 authorized the superintendent or a designee to add up to $8,500,000 in additional funding to the district's medical plan for the 2025–26 fiscal year to ensure the plan ends with a positive balance.
Superintendent and finance staff said the $8.5 million figure is a forecasted amount intended to cover a…
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