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Wayne Board of Education holds public hearing on $189 million 2024–25 budget, flags rising support and benefit costs
Summary
At a May 2 public hearing, the Wayne Board of Education received a presentation on the proposed 2024–25 general fund budget totaling about $189 million and a $171 million tax levy, with officials citing rising student-support needs, higher employee benefits and transportation as primary cost drivers.
The Wayne Board of Education on May 2 held a public hearing on the proposed 2024–25 budget, during which the district’s business administrator presented revenue and expenditure projections and explained key cost drivers that shaped the plan.
The business administrator told the board the district holds an unassigned general fund balance of about $3.4 million, capital reserves of roughly $6.4 million and a maintenance reserve near $2.3 million, yielding an estimated combined reserve position of about $8.2 million. He presented a general fund budget total of approximately $189,000,000 and a school tax levy figure of $171,000,000 as framed in the budget materials.
Why it matters: officials said the bulk of the district’s operating revenue continues to come from property taxes (about 91% in the presentation) and that rising costs for student support services, special-education placements, transportation and employee benefits are pressuring future…
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