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Business manager says health-insurance savings reduced near-term deficit but district still faces multi-year shortfall
Summary
McFarland business manager reported healthier-than-expected insurance results that narrow projected deficits for 2025–26 and 2026–27 but warned revenues from state budget decisions and recurring referendum funding remain critical.
McFarland School District Business Manager Mr. Mahoney told the board the district’s fiscal position has improved since earlier budget estimates, largely because health-insurance cost trends produced roughly $1.1 million in savings compared with earlier projections.
Mahoney said the district entered planning with a combined planned deficit across the 2025–26 and 2026–27 years of roughly $900,000 ($540,000 for 2025–26 and $362,000 for the following year). He said applying current collective wage-change assumptions and the…
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