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Janesville budget outlook projects $750,000 shortfall; administrators recommend shifting capital maintenance funds to balance preliminary budget
Summary
District finance staff on May 20 told the Finance, Buildings & Grounds Committee that a combination of projected cost increases and limited revenue growth leaves the Janesville School District roughly $750,000 short under current FY2025–26 assumptions.
At the May 20 Finance, Buildings & Grounds Committee meeting, district finance staff presented a draft FY2025–26 budget outlook that showed a projected revenue increase tied to the state’s $325-per-member payment but larger projected expenditure increases that together produce a near‑term budget gap.
Finance staff said the district used the state’s $325 per‑member figure to estimate roughly $3,000,000 in additional revenue for the district. At the same time, staff listed projected expenditure increases totaling about $4,700,000. Specific items called out included workforce costs (wages and health insurance), an approximate $100,000 projected increase in open enrollment costs, a roughly $120,000 increase related to hockey,…
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