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Platteville board reviews budget strategy and possible operating referendum; district cites $863,642 saved through debt defeasance
Summary
District staff outlined budget strategies to protect classroom instruction, described deferred maintenance as short-term, and said debt defeasance has saved $863,642 in interest; the board plans community outreach and a timeline if it moves toward an operating referendum.
District staff presented the Platteville School District’s budget strategy and possible next steps for an operating referendum during the board meeting.
Jim, a district staff member who led the presentation, said the board is focusing on protecting direct instruction while identifying areas where costs could be deferred temporarily. “It is a short term budget saving strategy. It is not a long term sustainable…
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