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Board adopts opt-out tax certification, approves insurance rate increase and reserve transfer
Summary
The board approved an accelerated opt-out budget resolution certifying the tax rate to the PDE index (about 4.4% cited), approved a 15% increase in Lincoln Benefit Trust medical insurance funding rates for 2026–27, and authorized a $350,000 transfer to replenish required reserves; the board also approved bills for payment and a $41,781 transfer to the capital reserve for a secure vestibule project.
At its Dec. 4 meeting the Southern York County School District board took several finance actions.
The board approved bills for payment contained in the finance and budget report. It then approved an accelerated opt-out budget resolution certifying the tax rate with the Pennsylvania Department of Education (PDE) index for the 2026–27 school year; a figure of approximately 4.4% was referenced during discussion.
The board approved district medical insurance funding rates with Lincoln Benefit Trust for the 2026–27 term, which the minutes record as representing a 15% increase. The board also authorized a transfer of $350,000 into reserves to aid in replenishing required reserves.
On capital projects, the Buildings & Grounds committee moved and the board approved a transfer of $41,781 to the capital reserve fund for a secure vestibule project previously approved in November. Board members discussed the potential uses of proceeds if district-owned land is sold (debt service or capital expenditures were suggested), but no sale action was taken at this meeting.
All votes described in the minutes were carried by motion and voice vote; the minutes do not include a roll-call tally of yes/no votes for these finance items.
