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Monroe board adopts final 2024–25 budget and approves 2025–26 proposed budget, affirms millage rates
Summary
The Monroe Public Schools Board adopted the final amended 2024–25 budgets and unanimously approved proposed 2025–26 budgets, reaffirming existing millage rates (18 mills non‑homestead; 6 mills commercial/personal property; 1 mill building/site sinking; 1.5 mills 2020 bond debt).
The Monroe Public Schools Board of Education voted unanimously to adopt the district’s final amended 2024–25 budgets for multiple funds and, in a separate motion, approved the proposed 2025–26 budgets and millage structure.
Superintendent Shaw presented the recommended budgets for the general fund, food service, student activity funds, 2020 bond debt, building and site sinking fund, and 2023 bond capital projects. He asked the board “to move to adopt the final amended 2425 budgets for general fund, food service, student school activity, 2020 bond debt, building a site, sinking, building in site, and the 2023 bond capital projects funds as presented.” A board member moved and the board approved the 2024–25 adoption 7–0.
The board then considered the proposed 2025–26 budgets and a continuation of millage rates. Administration recommended establishing operating millage at 18 mills (non‑homestead) and 6 mills for commercial/personal property, an additional 1 mill for the building/site sinking fund approved by referendum in 2023, and 1.5 mills for the 2020 bond debt fund that voters approved on 05/05/2020. A member clarified that the board was continuing previously approved rates rather than increasing them; after that clarification the board approved the proposed 2025–26 budgets 7–0.
The action will allow administration to begin implementation under the adopted and proposed budgets and to proceed with related financial planning and communications. The board’s vote included public confirmation of the referenda that authorized the additional sinking and bond mills.
