OESJ facing possible reductions due to insurance rate increase
"The increase in health insurance was much more than we were anticipating," said interim District Superintendent
Natale said the increase, which is expected to be about 25 percent, will have an effect on the 2019-20 budget.
"We're looking at reductions throughout the budget, including staff reductions, and will also be looking at enhancing revenues by using some reserve funds," he said. "It's a very, very difficult situation at this point."
The district's
Wages and benefits made up 64 percent, or
The February proposal listed
School districts are still waiting for the final state budget from the Legislature. In January, OESJ was projected to receive
Natale said Wednesday the budget is expected to stay under the tax levy limit for the district.
He also said those working on the budget are "combing through" it to find ways to reduce spending.
Reductions the board had been considering in the February proposal are a part-time business teacher position, a psychology summer position and a guidance summer position for a total reduction of
The school board is expected to have another budget review during its regular meeting at
The board's finance committee will meet prior to the meeting at
"Hopefully, they will come to an agreement," said Natale.
If the board doesn't adopt the budget during the
School district voters will have a chance to decide on the school board's adopted budget plan on
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