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Elmbrook board adopts adjusted 2024–25 budget and certifies tax levy; mill rate edges higher

Elmbrook School District Board of Education · October 30, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved the district's adjusted 2024–25 budget with Fund 10 revenues of $113.9 million, a $1.3 million (1.8%) increase in the tax levy from last year and a mill rate of $6.52 (up 2 cents). Adjustments include higher state aid, mental health grants and kitchen equipment upgrades.

The Elmbrook School District board approved the district’s adjusted 2024–25 operating budget and certified the final tax levy after a presentation from finance staff.

Key figures: Finance staff reported Fund 10 revenues of $113,900,000—about $2 million higher than the preliminary budget—driven by a three‑year resident average that added 66 residents to the revenue limit count and changes in state aid, including roughly $1,000,000 in personal property aid and $2.4 million in additional state aid noted in the adjusted calculation. The total tax levy increased 1.8%…

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