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The board unanimously scheduled its COLA meeting for March 24, 2026. It was informed that the applicable cost-of-living adjustment is 2.8% for 2026, while the board may seek authority to approve up to 3%.
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The board has not yet approved the 2026 COLA; that decision is scheduled for March. If approved, the adjustment would apply effective July 1, 2026. The board also approved a $668,751.24 warrant and a partial refund of retirement deductions.
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