The Culver School Board members will be taking on more of the cost of insurance following a discussion this week on insurance increases.
Superintendent Karen Shuman explained that the teacher’s agreement currently states that the board would take on the first two percent insurance increase, but the latest insurance renewal within the Trust is four percent.
“In looking at numbers and weighing them out, it’s fair to just take on the four percent, but that would require board approval to take on that four percent. Technically, you only have to do two percent,” stated Shuman.
The school corporation does belong to a Trust with 27 other schools and Shuman noted that the four percent increase is much less than what other school corporations outside of this Trust are experiencing.
Treasurer/Business Manager Casey Howard said the four percent increase is an additional $83,000 to the corporation.
Howard added that the school board and the administrators worked really hard on pay increases and to create competitive wages, so to burden the staff with the increase of insurance would defeat the purpose of that work.
The board members agreed.
They unanimously approved a motion to cover the four percent increase.
