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Keystone Central board weighs tax‑rate options as health‑insurance costs spike
Summary
The district’s business manager told the board a 19.9% health‑insurance renewal and other pressures contribute to a multi‑million‑dollar shortfall; board members gave preliminary preferences for tax increases ranging from 0% to 1.75% (and described other measures such as staffing studies and IU 10 proposals to offset the gap).
Keystone Central School District business manager Joni McIntyre told the board April 9 that the district is facing significant budget pressure driven in part by an insurance renewal that is effectively capped at 20 percent. McIntyre said the renewal translated to a budget increase she described as roughly $2.6 million and warned that, if current trends hold, the district could close the fiscal year with a materially reduced unassigned fund balance.
"We are actually right now at a 114%. If we close the year right now, that…
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