Westport Young Woman's League CraftWestport, November 8-9, Staples High School
Leslie Clarke Homes, your real estate solution, Westport, CT 203-984-1856Westport Downtown Merchants Association
Molly Lane, Exceptional Properties Specialist: Fairfield County Homes, 917-670-4842
Saturday, November 01, 2014

Wednesday, January 23, 2013

Finance Board Input on BOE Budget

Digg Favicon Email Favicon Facebook Favicon LinkedIn Favicon TwitThis Favicon  

By James Lomuscio

Health insurance projections and a five-year capital forecast for school building upgrades took center stage tonight as Westport’s Board of Education welcomed to its budget meeting the Board of Finance and members of the Representative Town Meeting (RTM).

School Superintendent Elliott Landon’s proposed $105 million budget for 2013-14 represents a 4.9 percent increase over the current year.  Elaine Whitney, school board chairwoman, noted the board would finalize the budget at its Feb. 4 meeting before presenting it to the finance board.

Finance board member Brian Stern suggested that both boards meet again prior to the school board’s formal presentation to the Board of Finance.

“There are many pieces that are going to come together over the next two weeks,” he said.

“The reasons we’re asking these questions is because we don’t know how all these numbers will add up,” said Avi Kaner, finance board chairman, adding that the town’s pension and OPEB (other post employment benefits) obligations remain “the big gorilla in the room.”

“We have to be cognizant of the taxpayer,” he added.

With that objective, the finance board and members of the RTM’s Finance Committee pored over a health insurance analysis and projections presented by principals of The Segal Group, Inc.,  a Farmington research firm engaged by the school board.

Robert Pernicka, Segal’s senior vice president, and Emily Swift, senior health benefits agent, offered detailed charts on health claims and budget projections vs. costs, showing a more than $15 million insurance cost for next year compared to $14.2 million for the fiscal year ending June 30, 2013.

Finance board member Tom Lasersohn seemed perplexed that even with the health savings account (HSA) plans in place designed to reduce claims and costs,  “we’re still projecting a 6 percent increase in costs.”

“Can we afford to provide these benefits going forward?” he asked.

Landon noted that policy holders with HSAs normally do not “go for unnecessary procedures.”

Next the finance board and RTM members heard Assistant Superintendent of Business Nancy Harris’ five-year capital forecast totaling $15.2 million from academic year 2013-14 though 2017-18, infrastructure improvements that include: replacing oil tanks and boilers, upgrading athletic facilities at Staples High School, lighting, roofing, and parking lot repaving.

Posted 01/23 at 04:19 AM 

Comments:     Comment Policy

No comments yet.

You need to Register and be logged in to post comments. If you are already registered but are not logged in, you can Login here.





Remember my personal information

Notify me of follow-up comments?

You must be logged in to comment. You must also answer the question or solve the equation below:

1 + 7 = ? (1 character(s) required)

Please note by clicking on "Submit" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Inappropriate posts may be removed.

<< Back to main

Earthplace - Get Back to Nature
Visiting Nurse and Hospice of Fairfield County, Connecticut


15 Stoneboat Road, Westport, CT, Jillian Klaff Homes

Click the photo for
more info about
15 Stoneboat Road, Westport, CT


Christ & Holy Trinity Preschool is now accepting applications for the 2015-16 school year.

The American Jewish Story Through Cinema: Sunday Nov. 2, 2014 – Westport Town Hall

WestportNow Year in Pictures 2013 Give to Public Schools in Need! - Go to DonorsChoose.org
WestportNow.com Stuff