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Board hears budget timetable, insurance premium uptick and teacher-pay bills; Impact Aid CDs due to renew
Summary
The board discussed next steps for the FY25 budget, a roughly 4% increase in self-funded medical insurance premiums effective in July, two Impact Aid certificates of deposit (CDs) set to renew in April, and a legislative update on HB1048 (tabled) and SB127 (active), which would set a $45,000 teacher base pay and tie raises to state funding increases.
At the meeting the board received updates on budgeting, benefits and pending legislation. Amy, the business manager, said staff have submitted requisitions for FY25 and administration will assemble a preliminary budget for review after the April 10 meeting; the preliminary budget must be approved at the May board meeting.
Amy reported the district participates in a self-funded medical insurance pool covering several districts; the pool board approved roughly a 4%…
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