Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board briefed on 2025–26 budget outlook; staff recommends stop-loss lock-in amid rising claims
Summary
Staff presented enrollment projections, possible teacher bonus funding scenarios, and health plan claims data that drove a board vote to approve locking the current stop-loss reinsurance terms while staff pursues options to reduce a proposed 12% renewal.
Finance staff and benefits consultants told the Franklin County school board on Feb. 10 that declining enrollment, statewide budget negotiations and rising employee health claims are shaping the division's budget outlook for 2025–26.
Administrators said the division is budgeting on an average daily membership (ADM) of 5,704 students and noted 1,008 homeschooled students in the county; staff estimated that homeschooling accounted for roughly $6.8 million in lost state revenue in the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
