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Wasatch School Board amends FY24, adopts FY25 budget and ratifies employee agreements

Wasatch School District Board of Education · June 11, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Wasatch School District board voted to amend the fiscal 2024 budget and adopt the fiscal 2025 budget, and approved negotiated agreements for licensed staff, support professionals, supervisors and administrators, moves officials and teachers said will help retain staff and fund the new high school.

The Wasatch School District board voted Wednesday to amend the fiscal 2024 revenue and expenditure budgets and to adopt the district's fiscal 2025 budgets, moves district officials said will preserve compliance, fund student activities and prepare for payments on the new high school. Business Administrator Jason Watt told the board it would "recommend that the board both amend the FY24 budget and approve the FY25 budget."

The board approved amendments the presentation listed to several funds, including an increase to the general fund (Watt described a roughly $5.5 million increase, a 5.3% change), a $500,000 amendment to the student activity fund, about $42,284 to the tax-increment/charter fund and a $300,000 amendment to the foundation enterprise fund. Watt said the district's general fund expenditures and revenues move from the roughly $109.3 million level to just under $115 million in the FY25 proposal and credited a stable health-insurance pool for limiting cost increases. He also…

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