Port Washington-Saukville board approves revised 2025-26 budget, certifies tax levy and authorizes short-term borrowing

Port Washington-Saukville School District trustees on Oct. 28 approved a revised 2025-26 budget that the district presented as balanced and consistent with the strategic plan.

The board approved Resolution 10-28-25 adopting the revised 2025-26 budget, then certified the tax levy (Resolution 10-27-25) and approved anticipated tax-and-revenue borrowing authority not to exceed $3,000,000 at up to 5.5% interest to support short-term cash-flow needs. The board also approved the Department of Public Instruction third-Friday pupil-count report for 2025-26 at the meeting.

District staff said the 2024-25 results are unaudited but show an operating surplus (recorded at $470,000 unaudited, with staff projecting the final audited surplus nearer $370,000). Using that figure as a starting point, the district presented a revised 2025-26 budget with projected revenues of about $34.6 million and expenditures reduced by roughly $1.3 million from the prior year. Staff described the proposed budget as effectively balanced (a roughly $21,000 positive margin in staff's projection) and said it would place the district's fund balance near 15.7% of expenditures if projections hold.

Why it matters: Staff said the district's…