Board reviews 10‑year capital plan, Fund balances and HRA incentive proposal

The district’s long‑term capital improvement plan was presented, covering major building needs over the next decade including asphalt, flooring, generators, HVAC upgrades, painting, roofing and windows. Staff said Fund 41 currently holds roughly $3–4 million and that Fund 46 will be used to pay major building needs; the presenter said the budget is being managed conservatively and noted 2024‑25 is a heavy year of projects with district‑wide HVAC upgrades and a large Clarendon roof replacement planned for summer 2025.

The presenter reviewed the Fund 73 OPEB trust, reporting that the funds earned 5.63% in December and averaged about 5.5% over the year; staff said the OPEB fund is fully funded and investments are being managed conservatively.

On health insurance, staff summarized current year spending and said the district previously modeled a 25% renewal scenario after Anthem requested a 35% rate increase. To encourage use of the employee health clinic and early detection, staff proposed implementing a health risk assessment (HRA) during open enrollment. Under the proposal, employees who complete an HRA by Dec. 31 would remain on a 12% premium share (employer pays 88%); employees who do not complete the HRA would pay 18% (employer 82%). Staff estimated the HRA compliance could save individual employees about $600 annually on single coverage or about $1,300 on family coverage compared with the higher premium share.

Board members asked questions and were encouraged to submit additional questions before a short presentation by health‑plan representatives scheduled for the next meeting.

Next steps: staff asked the board to adopt the capital plan framework and asked permission to bid projects; staff will present health‑plan representatives at the next meeting and requested direction on HRA implementation.