East Lyme schools finalize budget cuts to comply with Board of Finance's $550,000 reduction - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 24, 2014 Newswires
Share
Share
Post
Email

East Lyme schools finalize budget cuts to comply with Board of Finance’s $550,000 reduction

Kimberly Drelich, The Day, New London, Conn.
By Kimberly Drelich, The Day, New London, Conn.
McClatchy-Tribune Information Services

June 24--EAST LYME -- The school board on Monday finalized a list of items to remove from its proposed 2014-15 budget, in response to a $550,000 reduction to its spending plan by the Board of Finance.

The vote by the school board follows discussions over the course of several meetings since the town's public hearing on the budget at the end of March.

The education portion of the town's $65.1 million budget, approved at this spring's referendum, stands at $42.8 million.

The school board removed $39,468 in proposed maintenance projects to replace exterior doors at Flanders and Lillie B. Haynes elementary schools and the high school, as well as replace the roof at the boat house and carpets at the middle school.

The board also took out new positions created to support the state-required teacher evaluation system. The reductions represented $171,568 for two deans of students, $125,019 for an assistant principal and $52,212 for a districtwide technology consultant.

The budget reductions also remove $40,000 set aside for technology resources and $25,000 allocated for a health insurance flex plan that was undersubscribed this year. The budget factors in savings of $36,505 by the district's pre-purchasing of heating oil. It further accounts for a reduction of $60,228 by hiring new certified staff at lower salaries following retirements and resignations.

The spending plan will retain $29,000 to hire bus monitors. The superintendent had proposed implementing bus monitors to free up time for principals, who have more demands under the state-mandated teacher evaluation. Following up on disciplinary issues related to incidents on buses can often be time consuming, principals have said.

Assistant Superintendent Brian Reas said it remains to be determined how the monitors will be implemented, but the district felt they were necessary since the school has had a somewhat difficult year with buses.

"We wanted to leave the opportunity to at least do some trial work with the bus monitors," he said.

k.drelich@theday.com

___

(c)2014 The Day (New London, Conn.)

Visit The Day (New London, Conn.) at www.theday.com

Distributed by MCT Information Services

Wordcount:  341

Older

Weare police shooting settlement a surprise

Advisor News

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
  • Solen Software acquires annuity software provider Cooperative Technologies
  • MassMutual Expands Lending Options With New Secured Credit Line
More Annuity News

Health/Employee Benefits News

  • Access Health CT opens health plan enrollment for 2027
  • Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
  • Centene sues feds over low ratings for senior health plans
  • Terry Savage: Small business owners, now is the time to offer health insurance coverage
  • Aldermen select employee medical insurance broker services provider
More Health/Employee Benefits News

Life Insurance News

  • Life insurer ordered to stop selling new policies in Virginia
  • AM Best to Present and Participate at 2026 Shanghai International Reinsurance Conference
  • Agents often missing from the loop on life, LTC insurance rate increases
  • Meiji Yasuda Life Insurance Company Trademark Application for “PEACE OF MIND, FOREVER” Filed: Meiji Yasuda Life Insurance Company
  • SoFi and Prudential Financial team up to expand access to life insurance
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.