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Board hears budget preview: state-aid uptick, health-insurance rise and calls for clearer budget materials
Summary
District staff told the board the governor's numbers suggest about $1.7 million in additional foundation aid, while health insurance premiums rose about 6 percent (about $1 million impact). Board members pressed for earlier, clearer budget binders and raised concerns about teacher out-of-pocket spending on supplies and school food quality.
District finance and operations staff told the Watertown City School District board that preliminary state aid figures from the governor indicate roughly a $1.7 million increase in foundation aid for the coming budget. Staff said they are still confirming details of a change in the foundation-aid formula that uses an "economically disadvantaged" metric rather than free-and-reduced-price lunch rates; the district will seek clarification at upcoming BOCES and ASBO sessions.
Assistant Superintendent for Operations and Finance (Bree) reported the district had a small decrease in its Teachers' Retirement System employer rate (from 10.11% to 9.59%) and a…
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