During a recent government meeting, officials discussed the financial implications of proposed compensation increases and the ongoing structural deficit facing the district. A significant point of contention was the allocation of funds for compensation, which includes a proposed $2.5 million increase. However, officials clarified that this amount does not encompass additional costs such as the Wisconsin Retirement System (WRS) contributions, which add another 6.75% to the overall expenses.

The conversation also touched on the potential introduction of Paid Time Off (PTO) for staff, which was previously shelved due to insufficient acceptance. Officials expressed optimism about revisiting the PTO proposal next year, suggesting that further education and refinement could increase its acceptance among staff.

A critical issue raised was the lack of consensus on the definition of \"base wages,\" which has hindered negotiations for two consecutive years. Officials acknowledged the complexity of compensation structures across different districts and the need for a clear, agreed-upon definition to facilitate smoother negotiations. Suggestions were made to involve third-party organizations to help resolve these discrepancies.

Financially, the district is grappling with a structural deficit projected to reach between $6 million and $7 million in the coming year. This is compounded by stagnant state revenue and rising costs, including a $2 million investment in new reading curriculum and anticipated health plan increases. The district's unrestricted fund balance, currently at $18 million, is expected to diminish rapidly if these financial challenges are not addressed.

Officials emphasized the importance of prudent financial management in the coming years to avoid exacerbating the deficit. They expressed a commitment to finding ways to increase revenue or reduce costs while ensuring that staff compensation remains a priority within the constraints of the budget.