June 4, 2025 at 7:30 AM - Budget Committee Meeting

Description:  A motion will be necessary to approve the agenda as presented (or) with changes as recommended.

Description:  Individuals may use this time to comment on any items listed as part of the meeting agenda. A copy of Board Policy 187 —Public Participation at Board Meetings is enclosed for your reference. Past practice has allowed 30 minutes for this section of the agenda.

Description:  The purpose of this agenda item is to review the formal budget change process that will be presented to the School Board for approval in June. The budget change document is attached. 

All budget revisions are entered into the Skyward Financial System using the Skyward Budget Revision process. The budget revisions for 24-25 include: 

* changes in grant allocations (both Fund 10 and 27)
* changes to the State of Wisconsin Library Aid (Fund 10)
* transfer of funds between Fund 10 & 27
*changes between funds 10, 49, 50 & 73 to reflect the board-approved goal of $0 end of the year balance

Please recall that this board-approved goal has been connected to the capital maintenance projects tracking spreadsheet. The funds that have been transferred to fund 49 have been allocated by the Facility Commitee.
All budget revisions will be presented to the School Board for approval at the June 9th School Board Meeting. 

Description:  The purpose of this agenda item is to review the fund balance classifications. The School Board is annually required to approve fund balance accounts prior to the close of the fiscal year. I have attached the fund balance accounts that are currently being used, and were last presented to the school board at the conclusion of the 2023-2024 audit. Administration is recommending no changes. Please let me know if you have any questions on the fund balance classifications.

Description: 

Attached please find the budget planning timeline for 2025-26.

Description:  The purpose of this agenda item is to review the second draft of the budget for the 25-26 school year. I have attached the second draft of the budget for your review. Please note that the second draft of the budget is based on the following:
1. The $0/student increase in the per pupil categorical aid, with a $325/student increase in the revenue limit formula
2. The personnel cost line includes an inflationary salary increase of 2.95%, implementation of the teacher and classified staff compensation systems, implementation of the classified staff operational referendum funds pay adjustments, a 0% increase in dental insurance rates, and a 5% increase for health insurance rates, utilities, and transportation.
3. The capital maintenance projects are funded from Fund 49
4. The second draft includes an increase of 2.4 FTE, as outlined on page 13 of the document. The second draft includes an additional 1.0 FTE for Arboretum Elementary School Nursing Staff. This Nursing Staff is related to an individual need. These services were contracted out in 24-25 and the service would be more cost-effective and consistent for the student if we hired our own staff. 
5. The debt service fund includes the financial plan from the last borrowing that the board approved in March.
6. Updates to the Food Service budget (Fund 50), and other budgets as a result of School Board approved student fees.
7. Updates to the gift fund (Fund 21)
8. All of the remaining budget requests have been placed on hold at this time.

The third draft of the budget in July will include:
1. Grant allocations, if available
2. Staffing updates based on additional schedule changes, reallocation proposals or new positions
3. Updates to building/department revenue accounts and corresponding expense accounts
4. Updates based on any progress with the 2025-2027 State Budget. 
Please let me know if you have any questions on the second draft of the budget.
 

Description:  The purpose of this agenda item is to review the lease agreements for the 25-26 school year. I have attached the lease agreement for your review.

The district currently has leases with the Wisconsin Youth Company (K-4 after-school program for the school year) and the New Teacher Project. The New Teacher Project is moving to CESA #2.
 
The administrative recommendation is to approve this lease with the Wisconsin Youth Company lease changing from $2,900 to $3,000 per building.