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Business administrator flags sharp insurance premium rise, COEP bids and PILOT timing
Summary
Business administrator L. Prinz told the board that COEP bids ranged from $43,000 to over $100,000, the Excelsior Solar Field PILOT won’t start until 2027–2028, and employee insurance premiums are projected to increase about 30% for 2026–2027.
At the Jan. 14 meeting L. Prinz, the district’s business administrator, reported results of a Jan. 6 bid opening for the 2025–2026 Capital Outlay Exception Project (COEP), saying four bids were received with values ranging from $43,000 to over $100,000 and that the winning bid must be under $100,000 to be eligible.
Prinz also told the board the Excelsior Solar Field PILOT will not begin until the 2027–2028 school year and warned that employee insurance premiums could increase roughly 30% for 2026–2027 due to losses in the Genesee Area Health Care consortium. She added that the district’s final debt payment from a 2008 capital project will drop off mid-year in 2026–2027, improving future debt service capacity.
