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Mukwonago board adopts 2025–26 budget assumptions, including CPI and health insurance increases
Summary
The board adopted revenue and expenditure assumptions for 2025–26, including a -125 FTE assumption, a 2.95% CPI salary assumption and a 10% health‑insurance inflation assumption; staff will produce a balanced budget focused on Fund 10.
The Mukwonago School District board on Feb. 24 adopted budget assumptions and goals for the 2025–26 budget year, directing staff to build a balanced budget with an emphasis on the general fund (Fund 10).
Finance and facilities director (speaker 7) reviewed revenue assumptions adopted at a prior meeting and proposed expenditure assumptions to guide budget construction: a 2.95% CPI salary assumption and a 10% projected increase for health insurance. The board also adopted a -125 full‑time‑equivalent (FTE) enrollment assumption for planning purposes.
The director explained payroll timing (the district was 56.6% of the way through payroll cycles at the time of the report) and projected that salaries would finish the year about 1% under budget based on current trends. He reviewed fund balances and cash position, noting about $8.7 million in available cash in November as a low‑water mark to indicate capacity for one‑time initiatives without short‑term borrowing.
Board members asked clarifying questions about how state proposals to "decouple" private school choice costs from local tax levies would affect the district. The director summarized the concept — that the state could fund private choice costs from a statewide revenue source rather than local property tax levies — but described the proposal’s chance of enactment as limited.
What happens next: staff will use these assumptions to develop expenditure projections and present budget drafts to the board in the coming months, with continued monthly budget reporting.
