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District presenter says August finances are on track; revenues very small year-to-date
Summary
At a Wauwatosa School District meeting, a presenter reported August financials showing roughly 0.3% of expected revenues year-to-date and expenses around 7%–8% of budget, with staff noting no immediate concerns and that the end of next month will provide the first reliable projection.
A presenter for the Wauwatosa School District reviewed the district's August financials and said revenues remain very small this early in the fiscal year while expenses are tracking slightly above projections. "We would expect, in the neighborhood of about one third of 1% of our revenue," the presenter said, adding the district is at about 0.3 percent through this point.
The presenter framed the numbers as typical for two months into the school year and said the district ran…
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