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Litchfield board approves remaining budget concessions for 2026–27 after benefits, savings review
Summary
The Litchfield Elementary School District governing board unanimously approved remaining budgetary concessions and a projected budget for fiscal year 2026–27 after CFO Vaughn outlined a $3.5 million estimated savings package and a 7% medical renewal tied to the district’s pooled insurance plan.
CFO Vaughn summarized the district’s projected maintenance and operations budget for 2026–27 and asked the Litchfield Elementary School District Governing Board to approve remaining concessions designed to close a projected gap.
Vaughn said the forecast incorporates items the board previously approved and additional smaller adjustments that together amount to about $3.5 million in estimated savings. He described revenue sources that feed the M&O budget — state funding through the formula, a 15% M&O override and other…
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