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District 186 adopts amended FY25 budget, approves Aetna stop‑loss policy and stadium bleacher repairs
Summary
The board adopted an amended FY2025 budget, approved Aetna individual stop‑loss insurance at a $500,000 attachment point, and approved a $55,338 change order to reinforce Memorial Stadium bleachers. The business report showed capital project balances and outstanding state vouchers.
Springfield Public Schools District 186’s board on Tuesday adopted an amended fiscal 2025 budget, approved an individual stop‑loss insurance policy through Aetna and authorized a contract change order to reinforce bleachers at Memorial Stadium.
The board approved the amended budget in a roll call vote, and later approved Aetna for individual stop‑loss coverage with a $500,000 per‑person attachment point and a premium of $2,197,371; the stop‑loss vote was recorded as six ayes and one present. The board also approved a $55,338 change order for underside cleat work on existing stadium bleachers.
Business manager Miller opened the financial update by…
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