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Operations chair: healthcare, special-education reimbursements create a material budget risk for Platteville schools
Summary
The operations committee heard a budget update saying the district's baseline forecast assumes no wage or benefit increases and that rising health-care costs and a likely lower-than-advertised special-education reimbursement could create a significant shortfall.
The operations committee of the Platteville School District was told the district's current budget model assumes no increases in wages or benefits and therefore understates the financial pressure from rising health-care costs.
Committee Chair said the district is in the first year of the state biennial budget and that the state funding formula will cover some inflationary costs such as utilities and transportation, but not health-care, benefits or wage increases. "We are in the first year of the biennial budget with the state," the Committee Chair said. "This slide...covers some main points" and is "for discussion purposes…
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