February 2, 2026 at 7:30 AM - Budget Committee

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 projected end of the year balance for fund 10. Attached please find a slide from the October 30, 2025, special board meeting. Administration will review this slide and potential scenarios for the end of the year balance. Administration will request consideration for an end of the year budget target of +$1.1 million (IRS clean energy rebate).

Description:  The purpose of this agenda item is to provide an update on the financial plan related to the November 2022 referendum. Attached please find two slides relating to the 2025-2026 property tax levy. Administration will review these slides and will provide an update to the committee on the discussions that are taking place with our financial advisors. Attached please find a tax levy analysis that will be presented to the community as part of the spring  survey. The tax levy analysis includes:
1) Refinancing the tax levy reduction from October 2025
2) Issuing debt of $95 million for the high school
3) Requesting $2.1 million per year for 4 years for operational expenses 
4) Not utilizing any of the IRS clean energy rebates (recommendation of facility committee)

Administration will be requesting feedback from the budget committee.

Description:  The purpose of this agenda item is to provide an update on the Waunakee Community Cares Coalition. Good news - Attorney Kirk Strang provided guidance that the district was able to claim funds through the end of the month of January. The previously approved school board one-month funding extension will cover February. The remaining 4 months will cost approximately $32,000 to continue. The WCCC has a fund 21 grant with approximately $28,000 remaining. Attached please find a detailed budget request.

Options for the board to consider include:
1) No additional funding beyond the extension
2) Fully fund the remaining 4 months ($32,000)
3) Partially fund the remaining 4 months ($16,000)
4) Partially fund after fund 21 dollars are used ($2,000 - $4,000)

Administration is requesting a recommendation for the February regular board meeting. 

Description:  The purpose of this agenda item is to request a budget committee recommendation on the 2026-27 budget planning process. Administration will review the updates to this document, specifically the 4K program and middle school staffing. Administration is requesting a recommendation for the February regular board meeting, so the hiring process can proceed.