Mayor shifts retiree costs to schools
05.22.08
Until now, the city has paid for retired school employees' health insurance - an amount that this year totals $5.9 million - out of the city's own operating budget, in addition to its contribution to the schools' foundation funding. But Harrington is now proposing that the $5.9 million cost be shifted to the schools, to be paid out of the foundation funding pool.
The net effect, educators say, is a reduction in the amount of money available for various classroom needs.
