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Chippewa Valley projects $3.6 million surplus after second amended 2024–25 budget review
Summary
District finance staff told the Board the second amended 2024–25 budget shows revenues of $218.3 million, expenditures of $214.7 million and an estimated ending fund balance of $44.5 million, roughly 20% of expenditures; the board adopted the appropriations resolution.
Danielle Jacobs, finance department, presented the district's second amended 2024'25 budget and told the board that revenues are now $218,300,000 and expenditures $214,700,000, producing a projected surplus of just over $3,600,000 and an estimated June 30 ending fund balance of $44,500,000 (about 20.7% of budgeted expenditures).
The summary figures matter because the district must comply with the Uniform Budgeting and Accounting Act and state reporting rules. Jacobs said the second amendment is largely a "cleanup" to align estimates with 10'11 months of actuals: "We now have, you know, 10 to 11…
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