October 21, 2022 at 7:30 AM - Budget Committee Meeting

Description:  The purpose of this agenda item is to review the budget and tax levy changes since the third draft of the budget was approved in July. Attached please find the following: Final Version of the Budget, Budget and Tax Levy Options, Tax Levy Certification by Municipality, and DPI Recommended Adoption Format. 

Please recall that the final version of the budget includes yellow highlights for changes that have taken place since the third draft of the budget was approved. Administration would like to discuss the topic of the property tax levy and the property tax rate. The documents that have been attached include the same property tax levy amount as approved in July, and communicated to the public during the referendum presentations. However, the property tax rate declines from $10.89 per $1,000 of equalized value to $9.68. This decline is related to the 15.8% increase in equalized property value in the school district community. 

Administration would also like to review the property tax levy and budget options that are related to the results of the November 8th referendum. The school board will approve the budget and tax levy options at the October 24th meeting and the school board clerk will certify the appropriate budget and tax levy based on the referendum results. Tax levies must be certified to the municipal clerks by November 10th. 

Description:  The purpose of this agenda item is to begin the budget planning process for 2023-2024. The purpose of this discussion is to share information on the health insurance planning process for 2023-24 and beyond. The information presented below was also shared with the human resources committee on October 18th. 

Description: 

Within the current employee guidelines, staff can receive a 3% wellness incentive(district contribution of 88% rather than 85%) by completing a health assessment.  For the 23/24 plan year, employees will be required to visit the Waunakee Wellness Clinic and meet with the nurse practitioner.  

The administration and Insurance Committee are proposing the following modification for 22/23:

To receive an ADDITIONAL 2% wellness incentive (district contribution of 90%) employees will need to be current with / have completed all of the following recommended age/gender appropriate screenings by the deadline of 5/31/23:

Colonoscopy (must be scheduled)

Mammogram

Cervical Cancer Screening

Bloodwork including Hemoglobin A1C and Lipid Panel

The attached materials share the potential costs and value returned to our health plan, in addition to the benefits to the employees.

Description:  As the district's Insurance Committee begins the review and development of the 23/24 health plan offerings, a future Board decision will need to provide the expected total annual employer premium contribution.

This discussion will provide current contribution levels and examples of plan adjustments that can be made to affect district premium costs.

The attached document is for illustrative purposes only and does not include any plans that are up for formal consideration.

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