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Rice Lake board approves preliminary 2025-26 budget showing roughly $1.08 million Fund 10 shortfall
Summary
The Rice Lake Area School District board approved a preliminary 2025-26 budget after staff told the board Fund 10 faces an approximate $1,082,000 shortfall; the packet notes uncertainties tied to the state budget and Medicaid changes and higher special-education transfers.
The Rice Lake Area School District board on June 23 approved a preliminary 2025-26 budget that district staff said leaves the district’s general operating Fund 10 about $1,082,000 short of balance.
A district staff member presenting the figures said, “Fund 10, as of now, it is 1,082,000 in the hole.” The presentation noted that the number is preliminary and that state budget decisions and federal Medicaid changes could still affect final figures.
The presentatio…
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