09.02.2026 LJSD Special Board Meeting

The Lakeland Joint School District 272 School Board held a special meeting on September 2, 2026, primarily to discuss the financial insolvency of the Idaho School Benefit Trust (ISBT), a self-funded health insurance cooperative involving about 100 Idaho school districts. The board reviewed the trust's deficit, which had grown to approximately $13 million, and the district's share of the liability estimated at around $645,000 if paid in a lump sum. The discussion highlighted concerns about the lack of transparency and communication from the trust regarding its financial status and the impact on district employees' health benefits. The board acknowledged the transition of the trust from self-funded to fully insured under Blue Cross for the current year and the potential legal actions related to the trust's insolvency. Motions were made to table certain agenda items related to the trust until more information could be obtained, and these motions were approved by the board.