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Cuba City board sets 2.5% salary increase for referendum and OKs five-year nonrecurring ask
Summary
The Cuba City School District board voted to include a 2.5% salary and wage increase in its referendum forecast and approved a nonrecurring five-year funding plan (Scenario 18) with annual asks beginning at about $909,100 and rising to $1.9 million in year five.
The Cuba City School District board voted to set a 2.5% salary and wage increase as the staffing assumption for its April operational referendum and approved a nonrecurring five-year funding request to appear in the referendum language.
Board members settled the salary figure after reviewing 18 budget scenarios prepared by district business staff. Heather, the district business report presenter, said the scenarios modeled 2.5%, 3% and 3.5% increases and compared their effect on the district’s fund balance, mill rate and total…
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