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District finance director warns of looming PERS costs that could hit budget in 2027–28
Summary
Finance staff told the Molalla River School District board the 2025–26 budget will need to absorb $800,000–$1,000,000 in PERS employer-rate costs and that side-account credits expire December 2027, creating the potential for a much higher PERS rate in 2028 if not mitigated.
At the Feb. 13 meeting, the district’s finance presenter briefed the board on the 2025–26 budget preparation and projected impacts from changes to the Oregon Public Employees Retirement System (PERS).
Mr. Campbell said his analysis shows the district’s 2025–26 employer PERS cost will increase by about $800,000 to…
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