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.
Winter Park Highlands
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