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Wausau committee recommends preliminary 2024–25 budget that shows roughly $1.5 million general-fund shortfall
Summary
Committee reviewed a preliminary budget built on specified assumptions (3% salary increases, 4% health-insurance growth, $325 revenue-limit increase per pupil) and recommended forwarding the preliminary budgets for 2024–25 despite a roughly $1.5 million projected deficit in Fund 10.
A district presenter (speaker 4) told the Education Operations Committee on May 20 that the preliminary 2024–25 budget is built on multiple assumptions and will change as updated data arrive, but it gives the district authority after July 1 to pay bills and payroll until the final budget is adopted.
The presenter listed assumptions used in the model: a 3% salary increase, a 4% health-insurance increase across the board, a revenue-limit increase of $325…
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