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Janesville board approves preliminary $166 million budget amid state revenue-limit changes
Summary
The Janesville School District board on July 11 approved a preliminary 2023–24 budget (approximately $166–167 million) after a presentation by Mr. McCray outlining state budget changes, a $325 per-member revenue-limit increase, shifts in aid formulas and timing for ESSER funds.
The Janesville School District board on July 11 approved a preliminary 2023–24 budget, authorizing the district to begin obligations for the fiscal year while officials refine figures before final approval in October.
Mr. McCray, who presented the budget, opened with context from the recently signed state biennial budget, saying districts will receive a per-member revenue-limit increase of $325 in year one and another $325 in year two. He told the board that some funding that might otherwise have been distributed as per-pupil categorical aid was shifted into per-member revenue-limit authority and that the special-education reimbursement rate moved from about 30% toward roughly 33.3% in the current budget package.
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