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Pewaukee board adopts $27.62 million levy and approves revised 2024–25 budget
Summary
The board voted to adopt a final tax levy of $27,621,811 and approved a revised 2024–25 operating budget that reflects an approximately $488,000 increase driven largely by state Act 12 personal property exemption aid and higher voucher costs; the measures passed by voice vote on Nov. 1.
The Pewaukee School District board voted Nov. 1 to adopt a final tax levy of $27,621,811 for the 2024–25 year and to approve a revised operating budget that reflects a roughly $488,000 increase from the preliminary budget.
John, the district presenter on budget and levy matters, told the board that statutes require adoption of the tax levy by Nov. 1 and outlined how the state revenue‑limit formula and adders (including open enrollment adjustments and state voucher programs) affect the levy calculation. He said insurance costs and other line‑item adjustments required about 200 reconciliations in the budget packet. "The overall levy for this year is $27,621,811," John said.
John told the board the budget increase of about $488,000 stems chiefly from Act 12 personal property exemption aid — a state reimbursement that is outside the revenue limit — and higher‑than‑expected voucher costs as more students left the district under state voucher programs. The district also reconciled premium revenue earmarked to cover first debt payments.
On two separate motions, the board approved the revised original budget and then approved the levy 'as described in the memo.' Both motions were moved, seconded, and passed by voice vote with no recorded opposition. The motion to approve the revised budget was introduced by a board member and seconded before the board voted 'Aye.' The motion to adopt the levy was likewise moved and seconded and passed.
Why it matters: the adopted levy determines property tax allocations apportioned by municipalities and funds district operations, debt service and obligations tied to the revenue‑limit framework. Officials said the final levy represents a modest decrease relative to the prior year after accounting for revenue‑limit changes and debt service planning.
Next steps: the district will report the levy to municipalities within the statutory 10‑day window for apportionment and proceed with the adopted budget for 2024–25.
