Budget report reveals $104,000 surplus but warns of potential deficits

The Stevens Point Area Public School District held a public hearing on April 29, 2025, to discuss the proposed budget for the 2024-25 school year. The meeting focused on the financial outlook of the district, highlighting key figures related to the general fund.

During the presentation, officials revealed that the budget is projected to have a surplus of approximately $104,000 to $105,000. However, they cautioned that this surplus represents only 0.96% of the total budget, which is less than one-tenth of one percent. This indicates a tight financial situation for the district, emphasizing the need for careful management of resources.

The discussion also noted that the budget's performance could fluctuate throughout the year, influenced by various external factors such as winter weather conditions and fuel prices. These elements could potentially lead to either a deficit or a maintained surplus, depending on how they impact the district's expenditures.

Overall, the meeting underscored the challenges ahead for the Stevens Point Area Public School District as it prepares to navigate a constrained budget while addressing the needs of its students and staff. Further discussions and decisions will be necessary as the district moves forward with its financial planning.