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Verona schools present preliminary 2025–26 budget showing $1.5M gap; board to consider one‑time tax‑levy waiver
Summary
District officials presented a preliminary 2025–26 budget with roughly a $1.5 million gap between projected expenditures and revenues; board members will decide whether to use a one‑time waiver to raise the tax levy to 3.53% (from 2%) before the tentative budget vote in April.
Mister Cruz, a district official, presented the Verona Public School District’s preliminary 2025–26 budget at the board’s Feb. 25 meeting, telling trustees the district currently faces an estimated $1.5 million shortfall between projected revenues and expenditures.
The presentation showed projected revenues (excluding state aid pending a release that week) of about $807,002.61 and total projected expenditures near $3,200,000, driven largely by salary, benefits and special education cost increases. “Seventy‑eight point six…
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