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School officials tell Hampden board health‑insurance spike and transportation changes tightened the budget
Summary
Regional school officials presented revised FY27 numbers showing a modest improvement from same‑day updates but warned that health‑insurance costs and unsettled labor negotiations keep assessments higher; the board asked for legal review of proposed regional‑agreement language and agreed to place a placeholder warrant item while towns consider changes.
School district officials and the regional finance subcommittee updated the Town of Hampden select board on the district's FY27 budget, saying same‑day adjustments improved the district's finances by about $200,000 but that significant pressures remain from health‑insurance and unsettled contract settlements.
A school presenter said the student‑services line improved on short notice by roughly $200,000 and that the district negotiated one fewer bus route with the transportation provider, lowering projected transportation costs. Officials also reported the district's total E&D (reserves) at about $1,200,000, of which they proposed using $700,000 for the coming year and leaving roughly…
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