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District warns four years of double-digit health-premium pressure; plans transfers to Lincoln Benefit Trust
Summary
Finance presenters said district and employee health premiums have risen about 15% annually for several years; the district recommends a $350,000 transfer to Lincoln Benefit Trust (with a possible $210,000 next year) and expects a roughly $700,000 budget impact (about 11.25%) for 2026–27.
District finance staff told the finance and budget committee that health insurance and pension cost pressures are among the largest drivers of the 2026–27 budget increase.
Trevor said the district has seen premium increases of about 15% or more over the last three years and is recommending another ~15% increase for 2026–27 for district and employee premiums. "For 26 to 27, we're recommending another 15% increase," he said.
The administration plans to transfer $350,000 to the…
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