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School board approves $35,081 withdrawal from employee benefits trust to pay retiree severance
Summary
At a posted public hearing July 8, the Litchfield School Board approved withdrawing $35,081 from the employee benefits trust to reimburse the district for severance paid to recent retirees; auditors require the district to pay first and reimburse the trust.
A posted public hearing and vote at the July 8 Litchfield School Board meeting approved withdrawing $35,081 from the district's employee benefits trust to reimburse severance paid to recent retirees. Chair (speaker 2) explained the hearing was a required public step before paying the retirees from the district fund and then reimbursing from the trust.
The superintendent (speaker 3) told the board that the money had been budgeted and set aside in prior years when employees filed retirement intentions but did not retire; one retiree this June triggered the need to transfer funds now. The superintendent said auditors require the district to pay out severance first and then seek reimbursement from the employee benefits reserve.
Chair moved to withdraw the $35,081 from the employee benefits trust account; the motion was recorded as “Motion by Mr. Shoemaker; second by Mr. Plansky.” The board voted in favor, recorded in the meeting as carrying 5‑0.
The hearing record notes there were no public comments on the withdrawal. The board then closed the hearing and opened the regular public session. The next procedural step recorded in the meeting was executing the transfer and obtaining required signatures on the reimbursement paperwork once the district processes the payout.
