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Pain-free NOSD budget forecast PDF Print E-mail
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Written by MARK JAEGER   
Wednesday, 23 April 2014 17:14

Officials don’t expect any financial shocks in 2014-15 spending plan

Northern Ozaukee School District officials are not anticipating having to make any major cuts in the 2014-15 budget.

Business Manager Julie Wicker and Supt. Blake Peuse presented a preliminary budget report to the School Board last week with generally positive projections.

Thanks to swings in state aids some school districts are anticipating difficult funding decisions in the coming school year.

That is not the case in Northern Ozaukee, Peuse said, although he noted about $76,000 in expenditures need to be trimmed from the projected $13.9 million budget to be balanced.

“We feel we are in good shape heading into the October budget presentation,” he told the board.

Helping that process, Peuse said enrollment is expected to hold steady in the coming school year.

In addition, an improving economy is likely to stabilize or even improve equalized valuation, he said.

Insurance costs for health and dental coverage are also expected to remain steady, Peuse said.

Board member Stacie Stark praised the early efforts put into preparing the preliminary budget outlook.

“I appreciate that this is well ahead of what we have seen in prior years,” Stark said.

Looking in the other direction, Peuse said spending for 2013-14 is expected to come in below budget. A surplus of about $186,000 is now projected.

The surplus represents about 1.3% of the total budget, including spending to support the Wisconsin Virtual Learning online program.

“These numbers are very tentative, but we think they are a fairly good representation of where we are at and where we will be at the end of the year,” he said.

Board member Kendall Thistle took a somewhat jade view of the reported surplus.

“Do we owe that $186,000 surplus to good fiscal planning or to the $400,000 tax increase we passed on to voters last year?” Thistle asked.


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