Phil Fry presents Sun Prairie Area School District budget insights for 2025-2026

During the recent Sun Prairie Area School District meeting, Director of Business and Finance Phil Fry presented a detailed report on the fixed budget inputs for the upcoming 2025-2026 school year. This report is crucial as it outlines the financial landscape that will shape the district's operations and educational offerings.

One of the key highlights from Fry's presentation was the projected decrease in student enrollment, with estimates indicating a drop of eight students. This figure, derived from a report by the University of Wisconsin, will be closely monitored as the school year progresses, particularly during the critical third Friday count in September. The budget has already been adjusted to reflect this anticipated decline, which could impact funding and resources available to the district.

Fry also addressed the debt levy, which is set at just over $9 million. This figure may seem modest, but it is influenced by a recent referendum that reallocates funds to manage the district's debt service effectively. This strategic planning aims to minimize the impact on local taxpayers while ensuring that the district can meet its financial obligations.

Another significant point raised was the uncertainty surrounding state equalized aid. While preliminary estimates suggest an increase of approximately 6.6%, the final figures will not be available until later in the summer. This variability underscores the challenges school districts face in budgeting, as they must adapt to changing state funding levels.

Open enrollment trends were also discussed, with Fry noting that adjustments to the budget will be made based on the number of students transferring in and out of the district. Additionally, property values are projected to rise by 6%, which could influence future funding but will not be confirmed until October.

Fry concluded his report by touching on federal funding, indicating that the budget is currently based on the assumption that federal support will remain stable. However, any significant changes could necessitate adjustments to the budget, potentially requiring the district to draw from its fund balance.

As the school board prepares for a more comprehensive budget review in January 2025, Fry emphasized that many of these budgetary elements are beyond the district's control. The upcoming months will be critical as the district navigates these financial uncertainties while striving to maintain quality education for its students.