Shorewood administrators presented recommendations on the district's 2012-13 budget at a School Board meeting Tuesday. The proposed budget of more than $22 million calls for a number of reductions and additions that add up to a surplus of $167,416 that could be designated into the fund balance for future years.
Without touching the budget, district officials project a deficit of $429,947 - a figure reflecting a combination of factors, including increasing enrollment and declining income from the state.
Administrators have proposed a series of reductions and efficiencies totaling $933,735 that offset the deficit. The list includes savings incurred from health and dental insurance through a competitive bidding process and a few staffing reductions, some enrollment driven.
At the same time, administrators are requesting permission to add a number of new line items totaling $371,459 into the budget. New expenditures include a proposal to hire a development director at a $75,000 cost to assist with future fundraising initiatives. A number of staffing increases are also in the proposed budget.
The district also is planning to add five Open Enrollment seats, resulting in $35,087 in projected income.
The budget remains tentative for several months. The School Board is planning two community meetings in April to obtain resident feedback.
Your link to the biggest stories in the suburbs delivered Thursday mornings.
Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter Get the Newsletter!
- Superintendent Lexmond leaves Shorewood for West Allis-West Milwaukee
- Shorewood planning a community-wide book discussion
- North Shore Police Reports: April 2, 2015
- North Shore Police Reports: March 26, 2015
- North Shore Police Reports: March 19, 2015
- Two candidates seek single seat on Shorewood School Board
- North Shore Police Reports: March 12, 2015
- Shorewood approves business district master plan
- Development creates divide
- Shorewood TIF district nears finish line