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District finance chief flags nearly $3 million state‑aid shortfall, steep health‑benefit costs
Summary
The district business administrator told the board the school funding formula and recent premium spikes have created about a $3 million two‑year state aid gap and an $18 million budget item for employee health benefits, stressing ongoing budget pressure for next year.
The district business administrator warned the Manchester Township School District board that a combination of capped state aid and sharply rising health‑benefit costs has created significant budget pressure heading into next school year.
At a board meeting, the business administrator said the school funding formula initially called for larger increases but that caps produced a two‑year state aid shortfall of “almost $3,000,000,” and that state‑level plan changes…
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