Finance Committee: June 11, 2026

The Council Rock School District Finance Committee meeting on June 11, 2026, focused extensively on procurement and budgetary matters. Key procurement discussions included approval of an insurance renewal with a new workers' compensation carrier, CHUB Insurance Group, which offers a premium reduction compared to the previous year. The committee also reviewed and recommended awarding a $63,000 contract to Chester County Intermediate Unit for a special services audit, emphasizing the audit's scope on special education processes, inclusion rates, and budget. Additionally, the district sought approval for curriculum bids covering various academic and extracurricular supplies, continued memberships in purchasing cooperatives to leverage better pricing, and renewal of contracts for network security testing funded by a grant. The meeting also covered approval of depositories of record for district funds and the establishment of committed fund balance categories. The committee discussed the 2026-27 real estate tax rebate program and the final budget for the fiscal year, highlighting challenges such as rising costs, limited revenue growth, and the need to request the Act 1 index tax increase of 3.5%. Several members expressed concerns about the timing and financial impact of the special services audit but acknowledged its potential value. Overall, the meeting addressed multiple procurement decisions, contract renewals, and budgetary strategies to support district operations and services.