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Board approves 2025–26 fourth 0.25 budget revision showing $84,000 planned surplus
Summary
On the consent agenda the board approved the district's fourth 0.25 revision for 2025–26, which Homan said shows an estimated general fund surplus of about $84,000 and updates audited-year comparisons for reporting to auditors.
The Holmen School District board approved, on the consent agenda, the 2025–26 fourth 0.25 budget revision that Executive Director Julie Homan described as the fiscal-year-end final version for reporting to auditors. Homan told the board "The budget does have a planned surplus of about $84,000," and explained that the revision reflects increases in general fund revenue and decreases in general fund expenditures relative to the original adopted budget.
During her presentation Homan provided line-item figures: she said general fund revenue (line 58) is estimated at $57,894,000 and general fund expenditures (fund 10, line 82) are estimated at $57,809,000, yielding the surplus figure. Homan also broke the estimated fund balance into reserves and assigned/unassigned amounts, noting roughly $1,400,000 reserved for sinking funds and approximately $300,000 for post-employment benefit reserves.
