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Wayzata board reviews and approves operating capital plan; district asked to carry ISD 287 LTFM share
Summary
The Wayzata Public Schools board approved the district administration's FY2025‑26 operating capital budget and reviewed Intermediate School District 287's ten‑year Long‑Term Facilities Maintenance (LTFM) plan, which requests Wayzata's proportionate share of $180,147.11 for FY2026‑27. The transcript records board votes on district budgets and includes detailed LTFM materials.
The Wayzata Public Schools Board of Education approved the district administration's recommended FY2025‑26 operating capital revenue and expenditure budget during its May 12, 2025 regular meeting. The motion to approve the operating capital budget was made by Sarah Johansen and seconded by Sheila Prior; the minutes record the motion as passed with a 7‑0 roll‑call vote.
Board and finance staff also reviewed Intermediate School District (ISD) 287's Long‑Term Facilities Maintenance (LTFM) ten‑year capital plan for fiscal years 2027–2036. District materials presented to the board list Wayzata Public Schools' proportionate share of ISD 287's FY2026‑27 expenditures as $180,147.11, consisting of $97,422.87 for pay‑as‑you‑go projects and $82,724.24 for related debt service on prior facilities maintenance bonds. District staff explained the ISD 287 process: the intermediate district submits a ten‑year plan and each member district may include its share of the ISD's LTFM projects and debt service in the member district's LTFM levy application.
Why it matters: The operating capital budget sets the district's planned revenue and spending for facilities, equipment and capital needs for the coming fiscal year; including the ISD 287 share in the district's application affects Wayzata's levy and long‑term maintenance funding. The ISD materials emphasize that member districts must approve the ISD plan and include their proportionate share in their LTFM applications by July 31, 2025 for state submission.
Board next steps and context: Finance Director David Draskovich and ISD staff provided details about project categories (deferred maintenance, health and safety, debt service) and the levy timing. The meeting materials note that ISD 287's allocation methodology uses a three‑year weighted formula (1/3 average APU, 2/3 program usage) to apportion costs to member districts. The transcript materials include the full resolution language ISD 287 requests member districts to adopt. The minutes do not record a final roll call by the Wayzata board on the ISD 287 resolution in this excerpt; the materials show the recommended inclusion amount of $180,147.11.
