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Committee moves fund-balance policy to policy committee; staff present referendum debt-service scenarios
Summary
The budget committee voted to send a proposed change to the fund-balance policy (setting a 10%–15% minimum operating reserve) to the policy committee for review. Staff also showed debt-service projections tied to the recently approved $175 million referendum and said state budget timing will determine tax-levy clarity for high-school planning.
The Waunakee Community School District Budget Committee on April 8 voted to send a revised fund-balance policy—proposing a 10% to 15% minimum of operating expenses—to the policy committee for review.
Allie (staff member) presented the wording change and said the revision reflected board discussion at a recent retreat. Rebecca (board member) moved to forward the proposed adjustment to the policy committee; the motion was seconded and approved by voice vote.
Staff also briefed the…
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