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Kohler board hears school finance primer: revenue limit, timeline and budget priorities
Summary
At its learning-series session the Kohler School Board heard a school-finance presentation covering the state revenue-limit framework, fiscal-year and budget calendar, local revenue composition (about 57% from the revenue limit; 32% from open enrollment), and next steps for membership-based revenue projections.
The Kohler School Board used its April meeting to continue a board-learning series on school finance, with presenter Melissa giving a detailed primer on revenue streams, the budget calendar and the district’s near-term steps for setting next year’s projections.
Melissa summarized the historical context for state school funding and the mechanics the district uses to calculate its revenue limit. She explained that the district’s fiscal year runs July 1–June 30, that a membership count occurs the third Friday in September (a different measure than enrollment), and that property valuations and equalized…
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