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Wauwatosa School District says July finances show little activity, projects near-budget forecast
Summary
At a July briefing, a district presenter said July receipts were minimal and early-year payroll timing left the district slightly under budget for salaries; an 11-month projection shows a forecast of $127,158,000 against a $128,000,000 budget, with limited July data and small stated variance.
The Wauwatosa School District reviewed its July 2025 financials in a presentation that emphasized the limited activity typically seen in the first month of the fiscal year and said early indicators show the district broadly on track.
The presenter told trustees that July historically yields very little revenue or expense activity because teachers are not yet in session and many salary increases have not been applied. "You're just going to not see a whole lot of activity, because we don't have teachers in session yet," the presenter said, noting the district has not yet issued planned raises and that only 12-month staff receive summer pay.
On revenues, the presenter walked through a summary graph and said local receipts for July were minimal—small fees and occasional rentals—and that the black 'actual' line is nearly invisible on the district's full-budget chart. The presenter stated the district's annual budget is $128,000,000 and said the district received about $70,000 in July (transcript phrasing: "0 5%"), compared with 0.14% at the same point last year.
On expenses, the presenter said the district has spent about $2,900,000 so far this year, with purchase services (driven by summer maintenance projects) accounting for the bulk of early expenditures. The presenter cited an expected early-year expense percentage of 2.32% and a current figure of 2.33%, describing the district as essentially "right on target" at this stage.
Using the stated method of adding 11 months of projections to current year-to-date figures, the presenter reported a forecast of $127,158,000 versus the $128,000,000 budget and gave a stated variance of "$788" as presented. The presenter repeatedly cautioned that July provides very little data for firm trend analysis and that more meaningful trends typically emerge after three months.
The presentation concluded with the district continuing monthly reporting and the reminder that early-year percentages can be misleading until regular payroll and school-year expenses are fully realized.
