Offsetting Conway Taxes

by Mower on May 15, 2014

in News

 

 

There’s good news for taxpayers in Conway.  According to the Conway Daily Sun, on Monday night Superintendent Carl Nelson shared with the Conway School Board that the district will be getting $500,000 back from its insurance provider. Those funds will go to offset taxes at the end of the 2014-15 school year. During this recent budget season Nelson and the board had been notified by its health insurance provider — Harvard Pilgrim — that the district’s rates would be increasing for the upcoming school year. Nelson asked the company for a guaranteed maximum price for the increase and was told it would be 8.99 percent.  The final number was much lower than expected.  It was, in fact, a slight decrease over the previous year.  On top of the $500,000 in health insurance savings, the board will be returning an additional $14,226 to offset taxes after purchasing a new school bus for handicapped students for $60,774. Voters approved $75,000 for a bus last month during the voting portion of the school meeting.

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