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Adjustments to be Made for Providing Board’s Health Care

June 14th, 2016 by WCBC Radio

One of the biggest budget challenges for the Allegany County Public School system is the continuing increase in the cost of providing health care for employees and retirees. During the current fiscal year, costs have outpaced the budget by about $2.5 million, and have exceeded the budget in 8 of 11 months thus far. Superintendent Dr. David Cox says the system dipped into the fund balance several times this year, but would run out of money if it continued to do so in the coming year.  Instead, adjustments will be made:

Through the end of May, insurance costs for the school system have run over 14% higher than budgeted.

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