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The Finance Committee unanimously approved transferring $70,427 from its reserve to the School Committee budget to cover snow and ice expenses that exceeded the budget after severe winter weather.
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The transfer will use most of the committee’s $100,000 reserve, which will be replenished on July 1. The committee also reviewed health insurance cost-saving options, including remaining self-insured, joining a purchasing group, or joining the GIC, but made no decision. Further analysis and public education are planned before a preferred direction is identified by September, ahead of the current plan’s November 1 renewal.
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