School Committee plans for insurance increase
The committee voted not to add any money to the budget but to make up the cost by taking it from elsewhere in the budget.
The health insurance costs for the next school year are not finalized until after the School Committee needs to approve the budget. As a place holder, the district estimated a five percent increase in health insurance cost for a total of $179,000. While last year, the health insurance costs came $70,000 under the projected cost, this year it was $79,000 over the budgeted amount.
By Brian Early