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The Education Association of Cheshire, which represents the more than 400 teachers in the school district, has agreed to a concession package that could save the Town of Cheshire hundreds of thousands of dollars in the next fiscal year, sources confirmed today.
The union met on Wednesday and voted to approve the package. The Board of Education will now vote this evening on whether to approve the package.
Sources stated that the concession will allow the Town to spread the teachers' expected annual wage increase of 4.6 percent for this fiscal year over two years, meaning the current contract would be extended to June of 2013.
The move comes after the Cheshire Town Council approved a $61.3 million budget for the Board on Tuesday, which is $2.1 million less than what Superintendent of Schools Dr. Greg Florio had requested in his proposal back in January.
When reached for comment Thursday afternoon, Board Finance Chairman Tony Perugini stated that he had been told on Wednesday evening that the concession agreement had been approved and he called it a “positive” for the Town.
“We have been talking for a while, so it is good news,” he stated.
Perugini could not discuss the specifics, since the Board was expected to discuss all the provisions in executive session, however he did say that, if the package is approved, it would help the Board make up some of the money cut from Florio's proposal/
“If, for some reason, we don't pass this, we will have to come up with $2 million,” said Perugini. “If we do pass it, we still have to come up with money, but it will be significantly less.”
For more on this story, see next week's Cheshire Herald.