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Kensington board sends 4.28% budget increase to January public hearing, cites health-insurance costs and grants
Summary
The Kensington School District board voted to send a proposed 4.28% operating budget increase to a public hearing in January, citing a $95,706 rise in health insurance, grant accounting adjustments and some staffing changes as the main drivers. The board also outlined low trust-fund balances and default figures.
The Kensington School District board voted Tuesday to send the district—s draft operating budget to a public hearing in January after staff summarized major cost drivers and options for voters.
School finance staff said the district—s proposed spending would result in a 4.28% increase in the combined food service and general funds year-over-year. The total proposed appropriation is $4,849,153; the calculated default budget is $4,697,885, a difference of about $151,000. Staff noted roughly $32,000 of the…
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