To see if the School District will vote to raise and appropriate $25,000 to be added to the existing School Health Insurance Fund Expendable Trust Fund, with up to $25,000 to be funded from the June 30, 2026 Unassigned Fund Balance available for transfer on July 1, 2026. No additional amount to be raised from taxation.
What it Means: The Health Care Expendable Trust was established for the purpose of safeguarding the School District against increasing health insurance premium costs. The Health Care Expendable Trust allows for mitigation of potential budget increases due to rising health insurance rates.
Those in Favor: The Health Care Expendable Trust was established for the purpose of safeguarding the school district against increasing health insurance premium costs. The Health Care Expendable Trust allows for mitigation of potential budget increases due to rising health insurance rates.
Discussion: No one spoke either for or against this Article at the SAU 21 Deliberative Session, other than to explain it.
Fiscal Impact: Funding for the Special Education Expendable Trust is proposed to be taken from any potential available year-end fund balance – not to be raised via additional taxation.
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