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Wisconsin Rapids school board hears $1.6M deficit forecast as state, federal aid remain uncertain
Summary
District staff told the Board of Education the district faces a projected roughly $1.6 million deficit under current assumptions and that the final gap depends on state special-education reimbursement levels and uncertain federal funds, including a lost mental-health grant.
District staff presented an updated budget forecast to the Wisconsin Rapids Board of Education showing a projected operating deficit of about $1.6 million under current assumptions and without changes in state or federal funding. Staff said the district’s projection varies widely depending on special-education reimbursement rates the state sets and whether several federal funding streams remain available.
Erin, a staff member who presented the financial update, said the district initially projected a roughly $2.34 million deficit and has reduced that figure by about $187,000 through cost changes and anticipated new revenue, producing a current shortfall…
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