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District faces 14.44% insurance cost increase; trustees set budget-advisory committee timeline
Summary
Administration reported a 14.44% increase in district insurance costs tied to the state plan; trustees discussed levy timing and formed a framework for a budget advisory committee with outreach and educational sessions ahead of the next budget cycle.
Director Jonathan Stowe briefed the board on preliminary budget items and said employee premiums will not change this year ($82 employee, $462 family), but the district must absorb a 14.44% increase in insurance costs passed through by the state pool. Stowe said the increase raises district per-employee benefit costs and will particularly pressure federal and grant-funded programs that cannot draw on the general fund.
Trustees…
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