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County finance warns of CDEV aid shortfall; recommends monitoring and limited use of fund balance
Summary
County finance staff told the board July 16 that Lakeland School’s state CDEV aid has fallen because Lakeland’s reported expenditures declined while other counties’ CDEV expenditures rose, and recommended monitoring the fund and using interest revenue to partially offset the shortfall.
Walworth County finance staff informed the Children with Disabilities Education Board on July 16 that Lakeland School’s state aid from the CDEV pool has fallen significantly compared with budgeted expectations because Lakeland’s reported expenditures declined over the past two years while expenditures in other CDEV districts rose.
What staff reported Finance staff described how the state distributes CDEV aid among participating districts based on each…
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