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Oconto Falls board approves 2025–26 budget amendments and preliminary 2026–27 budget
Summary
The board voted to approve 2025–26 budget amendments (estimating at least a $58,131 increase to fund balance) and adopted a preliminary 2026–27 budget that factors salary/benefit assumptions, one bus purchase, and special‑education placements. Staff will publish required DPI budget forms and return with final numbers after fiscal‑year close.
The Oconto Falls Public School District board on June 8 approved year‑end budget amendments for 2025–26 and adopted a preliminary budget for 2026–27 as the district closes its fiscal year.
District finance staff reported an operating cash position of about $465,415 as of June 8, 2026, and summarized receipts and expenditures across funds. Notable revenue variances cited included roughly $105,000 in personal property aid, approximately $57,000 in food service revenue (federal and state), an energy rebate of about $33,000 for a middle‑school project, and additional school‑based mental‑health aid. On the expenditure side, staff cited reduced salary/benefit costs where long‑term substitutes or differing insurance selections lowered outlays and noted timing differences around capital and CD maturities that affect fund balances.
Finance staff estimated the 2025–26 amendments would increase fund balance by a minimum of $58,131, subject to final payroll and utility transactions through the close of June and expected July adjustments. The amendments and DPI‑format documents were approved for publication and submission to auditors as required.
For 2026–27 the board approved a preliminary budget that reflects planning assumptions: increases for salary and benefits tied to new hires’ insurance selections, a single bus purchase, modest increases in property and liability insurance budgeting, and an estimate of seven alternative‑placement special‑education students. Staff cautioned that some estimates (for utilities and insurance) remain provisional and that final numbers will be reported at the annual meeting and in fall financial reviews.
Board action: The board approved the 2025–26 budget amendments and the preliminary 2026–27 budget as presented. Finance staff will publish the DPI forms, provide required public notices, and return with finalized figures after close‑out.
