CLINTONVILLE, WI- During a recent board meeting, Superintendent Troy Kuhn shared updates on the district’s financial landscape. With the impending sale of the former Rexford Longfellow Elementary School property, the district expects a 25% reduction in liability insurance costs as the property will be removed from coverage.
However, Kuhn noted a setback as the district’s overall liability insurance premium is slated to increase by 24%. Despite this, Kuhn pointed out that alongside the decrease in worker’s compensation insurance costs and the property sale, the district is forecasted to realize a net gain of $20,000 to $30,000 compared to the previous year.
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