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Board approves FY 2024–25 revised budget and authorizes intent to issue up to $5.5 million in capital facilities bonds
Summary
At its March 10 meeting the Wayzata board approved a revised FY 2024–25 general fund budget showing improved revenues tied to enrollment gains and authorized the intent to issue up to $5.5 million of general obligation capital facilities bonds to fund West Middle School space conversions; the bond resolution passed with one abstention.
The Wayzata Public School District Board of Education on March 10 approved a revised FY 2024–25 general fund budget and authorized the district’s intent to issue general obligation capital facilities bonds, Series 2025A, of up to $5.5 million to support planned capital work related to West Middle School.
Scott Lasage, executive director of finance and operations, said the district’s revised budget reflects recovery from pandemic‐era enrollment declines and more than $11 million in cost containment over the prior three years. “The district is trending in a positive direction,” Lasage said, and he presented two budget views: one including a Local Tax…
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