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Budget Task Force recommends not abating levy; board hears PMA planning proposal

Board of Education of Waterloo Community Unit School District No. 5 · March 16, 2026

Summary

The district's Budget Task Force recommended against abating the tax levy and the superintendent presented a PMA proposal for a $3,250 analysis of ten‑year revenue and Education Fund trends to inform long‑term planning.

At the March 16 meeting Superintendent Brian Charron and Board member Nathan Mifflin reported on recent Finance Committee and Budget Task Force activity. The Task Force met four times and recommended not abating the tax levy because the Working Cash Fund may be needed in two to three years and maintaining balanced funds supports the District's credit rating.

Charron told the board the Finance Committee also reviewed the copier contract and a long‑term planning proposal from PMA. PMA offered a half‑price service to analyze 10 years of EAV and revenue trends along with five years of Education Fund line items to inform a ten‑year plan; the fee for the service is $3,250. The board recorded the report; no vote on levy abatement was taken at the meeting.

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