Frank Watts: Re-examining the district health insurance |

Frank Watts: Re-examining the district health insurance

To the Editor:

East Grand School board, the Accountability Committee, Keith Sanders and new board member Donald Scott are all to be commended for their recent move to re-examine the district health insurance without significantly jeopardizing employees’ coverage. The board has also made a substantial reduction in operating costs by refinancing the school bond – bravo.

Having said that, I hesitate to point out that the bond refinance savings of $770,000 over the next 12 or 13 years is not a direct taxpayer benefit; it merely opens that amount for board spending, unless taxes are reduced (how do you spell “fat-chance”).

One can also conclude that it didn’t require a degree in finance for the board to see this coming. As the article pointed out the board purposely held off on the refinancing for a year to get a better rate.

So this “newly found money” and the previous “found money” must now be spent wisely. Finding very significant funds would lead me to suggest the re-opening of the Grand Lake Elementary School. It would be good for the kids and good for Grand Lake. Good for the county.

Food for thought.

Frank Watts

Winter Park Highlands

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