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Cannon County school budget workshop previews 2% raise and flags uncertain insurance spike that could add roughly $823,000
Summary
At a Cannon County school budget workshop finance staff showed 2% and 3% salary scenarios and said a potential 12% insurance premium increase—timing unknown—could add about $823,000 to next year's expenditures; the board asked staff to refine figures before the May 15 submission.
Julie, who led the budget presentation, opened a public budget workshop and walked board members through draft scenarios that model a 2% and 3% salary increase for certified and noncertified staff and alternative assumptions for insurance costs.
The presenter said staff modeled a 12% insurance premium increase on the high side and "we're showing, like, at the bottom of $823,000 increase," a figure the presenter characterized as a high-case estimate because final rates and plan choices are not yet available. Staff said the district's internal budget counts and a separate state report produced different estimates; finalized insurance rates usually arrive in May or June, they said.
Why it matters: recurring salary…
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