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A proposed change to Wachusett Regional School District health insurance could reduce Holden’s assessment by about $850,000 annually, pending legal review and votes by the district committee and unions.
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The proposed insurance arrangement is expected to improve employee benefits while saving the district more than $1 million each year. Holden’s Finance Committee learned that the savings could lower the town’s school assessment, but the change was not final at this meeting. The Town Manager will prepare an updated budget that may also include funding for the Library, Senior Center, and a firefighter.
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