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 projected shortfall that could emerge when the district closes out the health fund. A representative from the district's benefits administrator and district staff said high claims have occurred but that certain rebates and credits are still expected before the fiscal year closes and could reduce the projected deficit.
When trustees asked how much the district contributes per employee, Tamika Alfred Stevens, the chief financial officer, said the district contribution is $322 per employee per month. Board members asked whether the $8.5 million represented the district's total contribution for the year; staff answered that it was a forecasted amount on top of the monthly employer contributions and that the district had budgeted $5,000,000 as a deficit at the start of the year.
Trustee Casey Phelan moved the measure and Nelda Sullivan seconded; the motion carried by voice vote. Staff said they will provide a final accounting after year end and keep the board apprised of actual costs, rebates and the final amount contributed to the medical plan.