Greendale board approves preliminary 2025–26 budget, budget amendments and major payments

The Greendale School Board approved a package of financial items on June 30, including a preliminary 2025–26 budget, 2024–25 budget amendments, a large transportation reimbursement payment and vendor checks and disbursements.

Jonathan (Speaker 3), who reviewed the district’s financial packet for May, told the board operational revenues stood at about 65.6% of budgeted revenues while operational expenses were at 67.55%. He noted a June aid payment arrived that increased available revenue and that the finance committee had reviewed the figures on June 12 with no further questions.

Key votes and totals: Board members approved checks and disbursements totaling $3,641,232.29 (motion by Speaker 9); approved the second-semester parent-transportation contract reimbursement in the amount of $14,005,547.60 (motion by Speaker 8); approved 24/25 budget amendments reflecting fund updates including $250,000 revenue/expense adjustments in Fund 21 and adjustments to USDA commodity bookings; and approved the preliminary 2025–26 budget after the finance committee recommended conservative assumptions for special-education reimbursement.

Jonathan explained the preliminary budget uses a conservative special-education reimbursement assumption based on the current-year actual reimbursement rate (about 30.64%), producing an estimated $147,000 reduction in special-education fund revenue that was partially offset by projected revenue from the newly approved open-enrollment seats (33 general-education seats, with an assumed 90% fill rate yielding approximately $277,000 in revenue). The board intends to present updated figures to the community in September and expects further adjustments in July or August when final state budget numbers are available.

What’s next: The board will finalize budget documents in July and present updated budget numbers to the community in September as state figures are finalized.