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Five‑year budget model projects modest $36,000 surplus for 2026‑27
Summary
Administration presented a five‑year budget projection assuming slightly declining membership and modeled compensation increases of 2.63% for 2026‑27 (WERC CPI) and 2.5% thereafter; current forecast shows an approximate $36,000 surplus for 2026‑27.
The Finance Committee heard the first run of the Parkview School District's five‑year budget model on March 3. Mr. Bob Chady told the committee the scenario assumes slightly declining membership and uses a 2.63% compensation increase for 2026‑27 to align with the Consumer Price Index as determined by the Wisconsin Employment Relations Commission (WERC), with 2.5% increases in subsequent years.
Chady said other cost assumptions used in the model include an 8% increase in health insurance costs, a 4% increase in transportation costs and 3% for most other expenditure categories. "At present, the 2026‑27 forecast shows a modest surplus of approximately $36,000," the minutes state, and the administrator cautioned that the value will change as additional budgetary factors become known in the coming months.
Committee members discussed the modeling assumptions but did not adopt final budget decisions at the meeting. The projection was presented for committee review and will be refined as additional data (enrollment counts, insurance renewals and final bargaining outcomes) become available.
