April 6, 2022 at 7:30 AM - Budget Committee

Description:  The purpose of this agenda item is to review the projected end of the year balance. The 21-22 Fund 10 budget approved by the School Board in October was balanced and included a $100,000 contingency. As of the end of March, no expenditures have come from the contingency fund and no other significant changes to the budget have taken place. Some budget items to be aware of are higher than usual expenditures for both legal expenses (up to $50,000) and utility expenses (up to TBD) and there are lower than usual expenditures for the transportation budget. We will continue to monitor the 21-22 budget throughout the remainder of this fiscal year. We are not intending to use the Forecast 5 end of the year budget projections, as we are in the process of evaluating some lower cost budget models for the 22-23 fiscal year.

Description:  The purpose of this agenda item is to discuss potential end of the fiscal year strategies. The 2022-2023 budget planning process includes some options that are built around cost savings in the 2021-22 fiscal year. Administration will review these strategies and will be requesting feedback from the committee. Please see the handout under item VI.B. that is associated with this agenda item as well.

Description:  The purpose of this agenda item is to review the 2022-2023 budget process timeline. Attached please find the budget timeline. 

Description:  The purpose of this agenda item is to review the budget planning process for 2022-23. Attached please find the options for budget planning for 2022-23.

The options for budget planning document will be discussed at the meeting. Decisions that have already been made by the School Board are highlighted in Green. Administration is seeking feedback on the items highlighted in Yellow. We look forward to hearing your feedback.

Description:  The Human Resources Committee will meet with the Waunakee Teachers Association on April 19 at 4pm. The intent of the meeting is to negotiate the base wage increase for the 2022-2023 school year. Administration will review how the budget planning process aligns with 2022-2023 pay increases. Our goal is to request approval of pay increases for the 2022-2023 year at the May school board meeting for all employee groups.

Description:  The November 2022 referendum process will include both a capital referendum question and an operational referendum question. The connection between our budget planning process and the November 2022 operational referendum question will be critical in the development of the budget drafts later this spring. We have completed the process of seeking school board approval for the paying down of debt. The community survey results are expected by the middle of May and we will continue the discussions regarding an operational referendum question for November 2022.

Description:  There are no proposals for review this month.

Description:  A board member has requested data on student enrollment and staffing levels. Attached please find a report from the Forecast 5 data system. The report that is attached provides high level data and we are able to provide more specific data based on feedback from the committee.

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