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Council approves special-revenue and enterprise fund adjustments, credits BOE for insurance savings
Summary
The council adopted amendments to special revenue and enterprise fund budgets that reallocate BOE and city insurance figures and increase the workers' compensation fund; councilors said negotiated BOE insurance savings free $450,000 to support school operations.
The New Britain City Council voted unanimously to adopt an amended resolution adjusting special revenue and enterprise fund appropriations for FY2026—FY2027.
Alderman Santiago moved the amendment, which reduced the Board of Education (BOE) medical self-insurance budget and the city's medical self-insurance budget and increased the workers' compensation fund appropriation. Council discussion clarified that roughly $450,000 in savings from renegotiated BOE health insurance will be available to the school district for other needs.
Why it matters: The adjustments reflect negotiated savings in employee-health accounts and shift those savings as available resources to support BOE operating needs and workers' compensation funding.
The clerk called the roll and the transcript shows a recorded 14-yes tally for the item as amended; the motion carried. Councilors emphasized the BOE will retain the savings from the insurance renegotiation and that the amendment preserves the city's budgeting intent while recognizing realized savings.
Next steps: Finance staff will reflect the revised line items in the city ledger and notify the BOE of the available savings for operational use.
