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Stewartville board reviews revised 2024‑25 budget with enrollment and state aid adjustments
Summary
District staff presented a revised 2024‑25 budget and explained revenue and expense adjustments, including new restricted training funds and changes to federal and levy allocations.
District staff presented a revised 2024‑25 budget and explained adjustments in revenue and expenditures, including new restricted training funds and changes to federal and levy allocations.
Mr. Schroeder (presenting staff member) said the district is using an enrollment figure of 1,944 K‑12 students in the revised budget and that the state basic formula amount in the presentation is $7,281 per student. He identified several revenue changes: newly allocated "redact" funding of $80,000 and an additional $72,000 earmarked for training stipends; an increased allocation to offset employer contribution rate…
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