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New Berlin presents three budget scenarios; administration warns of tight years despite long-term fund balance
Summary
District finance staff outlined best-case, rolled-enrollment (worst-case), and weighted-average budget forecasts, noting a likely tight operating period over the next three years, but projecting a possible fund balance above $20 million by 2030 under the best-case scenario.
District finance staff presented three forecast scenarios for the coming years and described the variables that will affect the district’s finances: state budget actions (including possible special-education funding changes), enrollment trends, inflation and affordability, and contractual increases such as transportation. The presentation framed the three scenarios as a range with the weighted average scenario most likely…
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