Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Walworth finance staff discloses $470,000 shortfall for special‑needs school; $150,000 moved from investment income
Summary
County finance staff told the Finance Committee a long-standing state aid formula and lower local expenses produced a roughly $470,000 revenue shortfall for the Children with Disabilities Education Board; the committee approved using $150,000 of higher investment income to cover part of the gap and asked for monthly updates.
Walworth County finance staff told the county Finance Committee that state aid for the Children with Disabilities Education Board (CDEB) fell by about $470,000 this year because the multi-county aid formula did not change and the county’s “aidable” spending declined relative to partner counties. The disclosure matters because the aid line has not grown in a decade and the county said reduced spending this year lowered next year’s aid; finance staff said the committee approved using $150,000 of expected investment income to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
