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Platteville School District outlines $22.2 million draft budget; Nov. 5 referendum to determine balance
Summary
Business administrator Dimitri Andrews presented a draft 2024–25 budget projecting $22.2 million in expenses, outlined two mill-rate scenarios tied to a Nov. 5 operational referendum, and described enrollment, revenue sources and planned maintenance/security upgrades.
Dimitri Andrews, the Platteville School District's business administrator, presented the district's draft 2024–25 budget, saying the district projects about $22.2 million in expenses and that an operational referendum on Nov. 5, 2024, will determine whether revenues will match those expenditures.
Andrews told attendees the referendum outcome will determine whether the general fund can be balanced: “If voters approve it, we can expect to achieve a balanced budget,” he said; “however, if the referendum does not pass, we'll face a potential deficit.” The presentation shows a scenario in which the district's proposed mill rate would be about 7.02 per $1,000 of equalized value if the referendum passes and about 7.05 if it does not, compared with last year's 7.59.
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