We recommend adopting a Preliminary Budget for 2014-15 which includes the budget changes recorded in the companion document MMSD 2014-15 DPI Recommended Format for Budget Adoption. The changes are related to student fees and technology. With this recommendation we restate our strategy to address health insurance, salaries, and tax levy as a package in the fall Final Budget.
There are several advantages to addressing health insurance, salaries, and tax levy as a package in the fall Final Budget:
Key financial data, including enrollment, revenue limit, equalization aid, tax levy and tax base will be available in October.
The insurance committee will have time to meet with the HMO’s and build on the work accomplished by the administration this spring.
The wellness plan design can be further developed and factored into the larger discussion of health insurance and compensation.
A piecemeal approach to salary/wage increases, employee contributions to health insurance, the wellness plan, and the fall tax levy is unlikely to produce the best result.
Much more on the 2014-2015 budget, here.