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MMSD projects roughly $11.6 million draw on general fund for 2025–26; board hears requests for early college expansion and insurance increases
Summary
District finance staff told the Board the district’s preliminary 2025–26 budget includes newly estimated insurance costs and program expansion requests, and that combined revisions increase the projected draw on the general fund compared with May projections.
Madison — The Madison Metropolitan School District’s finance team told the Board of Education on June 9 that the preliminary 2025–26 budget will include updated estimates that, together with new program asks, increase the projected draw from the general fund compared with the figures discussed in May.
Bob (district finance staff) summarized the key changes and drivers. He said staff plan to use conservative assumptions for state aid for the preliminary budget and will update estimates as the state and fall enrollment counts are finalized. "This is the projection, as a reminder, it shows about a $40.39 million increase in terms of the total revenue limit picture in 25–26 compared to '24," Bob said in the presentation of revenue-limit projections.
New or refined budget items presented to the Board included: - Building-based substitute teachers: staff referenced a previously…
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