Tuesday, March 18, 2014
By James Lomuscio
UPDATE After more than three hours of discussions, debates, some contention and going in circles, Westport’s Board of Education voted unanimously tonight to defer, perhaps until June, its planned request to the Board of Finance for a healthcare insurance appropriation for this year.
One of the reasons is that the school board has more has more pressing matters on its plate—the proposed $110.3 million school operating budget for 2014-15, which the Board of Finance will pore over Thursday night.
Another reason is that the school board was at odds over how much to fund health insurance risk corridor, a reserve that acts as a buffer against skyrocketing claims.
Elaine Whitney, school board chairwoman, proposed a 5 percent risk corridor, and school board member Paul Block argued that the school board did not need its own reserve, but should tap into the town’s $22 million reserve if needed.
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