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Treasurer reports higher-than-expected property tax delinquencies; insurance increase recommended
Summary
The district’s treasurer told the board that August property tax collections showed higher delinquency (about 3%) than projected, driven by commercial parcels; the insurance committee recommended a 6% increase in health insurance premiums using reserves to blunt a larger rise.
Worthington’s treasurer reported to the Board of Education on Sept. 9 that August property tax settlements showed higher‑than‑projected delinquency and that the district’s insurance committee is recommending a 6% increase in health insurance premiums.
TJ Cusick, treasurer, said August is a major revenue month for the district because property tax…
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