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Parkview flags 2.63% CPI, insurance renewal timing and plans to bid brokerage services

Parkview School District Finance Committee · March 3, 2026
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Summary

Administration reviewed the WERC CPI calculation showing a 2.63% figure applicable to bargaining units for July 1, 2026, noted differing insurance renewal dates (business lines July 1, employee benefits Sept. 1) and discussed bidding brokerage and insurance carriers to seek better rates.

During the March 3 meeting, Mr. Chady reviewed the Consumer Price Index calculation chart from the Wisconsin Employment Relations Commission and said the applicable CPI for bargaining units effective July 1, 2026 is 2.63%.

Chady also explained that business‑line insurances (property, liability, workers'compensation) renew July 1, 2026, while most employee benefit insurances renew Sept. 1, 2026. He raised the administration's intention to solicit bids for brokerage services and insurance carriers to try to obtain more cost‑effective coverage for the district and staff.

No procurement decisions were finalized at the meeting; the committee discussed the timing and encouraged administration to pursue competitive bids where appropriate.