The West Allis-West Milwaukee School District held a Board Workshop on April 8, 2025, focusing on financial audits and budgetary updates. The meeting began with a presentation from the district's auditors, who discussed the audit process and findings for the fiscal year.

The auditors emphasized the importance of collaboration throughout the year, not just during the audit period. They reported no disagreements with district management, highlighting a positive working relationship. The audit included a compliance review of federal and state grants, with no compliance findings noted, which reflects well on the district's financial practices.

A significant point of discussion was the district's general fund, which serves as the primary operating fund. The district had budgeted to add approximately $2.3 million to its fund balance but exceeded expectations by adding around $4.7 million. This positive variance was attributed to increased revenues, including additional state awards and interest earnings, which surpassed initial projections.

The auditors noted that the district's total fund balance is approximately $70 million, with a healthy unrestricted fund balance of about $40 million. This figure is well above the district's policy of maintaining at least 20% of current expenditures in the general fund, as the actual percentage stands at around 35%. The district's financial stability was further underscored by the discussion of various funds, including special education, food service, and capital projects, each with specific revenue and expenditure patterns.

The meeting concluded with a review of the district's financial health, indicating a strong position moving forward. The board acknowledged the importance of maintaining transparency and effective communication regarding financial matters, ensuring that stakeholders remain informed about the district's fiscal status and future planning.