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Shorewood budget presentation warns of longer-term gaps; district to convene enrollment task force
Summary
Business director Heather Hevlin presented the 2025–26 operating budget, reported a healthy fund-balance projection but said longer-term forecasts still point to multi‑million-dollar gaps without an operating referendum; the district will form a community task force to examine enrollment and configuration options.
Heather Hevlin, Shorewood’s director of business services, presented the district’s proposed 2025–26 operating budget and five-year outlook, describing current fund-balance targets, the district’s revenue mix and options to address projected shortfalls.
"Our target is 25 to 35%" for fund balance, Hevlin said, adding that the district projected ending fund balance of 38% this year and expects about 40% for 2025–26. She explained the operational purpose of fund balance: "We get most of our revenue from property tax...we need cash on hand because revenues…
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