60% increase insurance rates could be a ‘financial disaster’
CHENEY – In the latest school district board meeting held on April 24, the spotlight fell on the Financial and Enrollment Report presented by Jamie Reed, the Financial Director of the district. The report shed light on the fiscal landscape and enrollment trends impacting the district’s budgetary considerations.
One of the central points highlighted in the report was the stability of the fund balance, which remained unchanged. However, the impending budget for the upcoming year poses a challenge, with projections indicating a potential 6% increase amounting to approximately $5.5 million. This i...
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