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District updates board on state budget outlook and March financials; impacts to revenue uncertain

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Summary

School finance staff briefed the Milton School District Board on the state budget outlook and the district’s financial status through March at the May 12 meeting, noting uncertainty until the legislature finalizes the state budget.

Milton School District administrators updated the board May 12 on the state budget status and the district’s financial position through March.

Administrators reported the state legislature’s joint finance committee had begun executive sessions, and Governor Tony Evers had proposed increases in per‑pupil revenue limits (proposed $334 in year one and $345 in year two) and per‑pupil categorical aid increases (proposed $58 each year). The board was told legislators had removed several items from the…

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