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CFO Warns of 16.5% Health-Insurance Increase; District to Move to Bi-weekly Pay
Summary
CFO Chelsey Gerard told the board the district faces a 16.5% increase in health-insurance renewal rates, a $35,000 training grant application to Tyler Technology is pending, and the district will switch to bi-weekly payroll starting July 1, 2025.
Chelsey Gerard, the district’s chief financial officer, told the Garfield County School District No. 16 board on Feb. 11 that the preliminary FY2026 budget is under development and that the Colorado school finance formula has not been finalized. Gerard said the district’s health-insurance renewal will result in a 16.5% increase in premiums and that the district met with representatives of the Colorado Employee Benefit Trust regarding rates.
Gerard said district officials applied for a $35,000 grant to cover costs associated with training provided by Tyler Technology and that the district will transition to bi-weekly pay beginning July 1, 2025. She also reported the Colorado River BOCES is reviewing its budget and that the district is discussing possible conversion of Yampah Mountain High School to a charter school.
Chief of Operations & Innovation Nathan A. Humphrey reported the district solicited bids for telephone replacement (two bids received, one pending), ordered Teacher Station Technology pilot sets, and is reviewing student-data issues reported by ABRE. The minutes indicate district officials will solicit copier-replacement bids and continue system clean-up and training work with Tyler Technology.
The board did not take action on these reports at the Feb. 11 meeting; staff were directed to continue planning and to return with more financial details when available.
