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District projects $2.7 million deficit; school officials cite higher health-plan claims
Summary
The Oshkosh Area School District’s April budget variance report showed a projected $2.7 million deficit driven largely by higher-than-expected employee health insurance claims; staff said the shortfall would be covered by fund balance, leaving an estimated $18.7 million.
At the Board of Education meeting on May 14, the district’s budget presenter reported a projected deficit of about $2,700,000 through April, driven principally by health plan claims running higher than the budget assumed.
“Tonight's budget variance report is through the month of April. No real surprises from this report. It's tracking just like our prior reports have. The projected deficit did increase slightly. We're right now…
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