Click on the post for the story today about the Big Foot School District. They had a drop in their fund balance to 1 million. They are concerned. This is also the level of the fund balance of Evansville.
Then Big Foot made an error in estimating their equalized aid--like a $250,000 error. Then they faced retiree health expenses of $250M. As I understand the analysis at the Finance committee last week in Evansville, the premium estimated over 30 years backward, calls for a premium of over $400,000 this year. So---health care benefits are going to be a big number watching forward for all school districts.
Stay tuned. Big Foot Schools will be interesting to watch. The Observer will be on the job to follow this story.
The Evansville Observer Archive: The unofficial history of Evansville, Wisconsin from 2005-2013: Thousands of Video and Audio and Articles; Free: To Search scroll to the Search this Blog line and enter name of person, topic, or issue. Then scroll up to see all articles. Or use Google Search by topic. Enjoy.
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