2014-2015 Budget Adoption Finalization
At a special meeting of the Board of Education, Mike Barry, Assistant Superintendent for Business Services, discussed plans and next steps to finalize the 2014-15 budget. You can watch a recording of the meeting here. Materials presented included:
The Board is scheduled to adopt the budget and tax levy at its Oct. 27th meeting at 6 p.m. in the auditorium of the Doyle Building, 545 West Dayton St. Watch it live.
Board adopts 2014-15 preliminary budget
The Madison School Board adopted a preliminary budget for the 2014-15 school year on Monday, June 16th.
Approval of the preliminary budget includes a 1.99 percent property tax increase — a drop from the district’s initial April proposal of 2.11 percent.
This reduction in the tax levy was due to a $100,000 reduction in money for the first year of the district’s new technology plan and the Board's approval of an amendment that reallocated $200,000 in savings produced when district purchased new devices for teachers came in under budget.
The final budget will be adopted in October after state aids and revenue limit calculations are finalized in early fall.
Budget Questions and Answers:
Board Member Questions--6.13.14
Board Member Questions - 6.6.14
Board Member Questions - 5.30.14
Board Member Questions - 5.23.14
Board Member Questions - 5.9.14
Community Questions - 5.9.14
April 2014
I’m pleased to present our proposed 2014-15 budget for the Board’s consideration and feedback. We have been incredibly focused this year on bringing the work of our strategic framework to life. Our framework is anchored to a simple but bold vision – that every school will be a thriving school that prepares every student to graduate from high school ready for college, career and community. In drafting the budget we used a zero-based budgeting process – building our budget from the ground up, challenging assumptions and aligning our resources with our strategic framework.
Our goals for the budget:
- Ensure alignment with strategic framework
- Reallocate funding to school
- Create more flexibility at school level
- Distribute funds equitably
- Minimize levy increase
Budget Timeline:
May 12, 2014 5:30 pm Doyle Room 103 545 West Dayton St. |
Operations Work Group meeting to discuss the proposed budget |
May 19, 2014 |
First public hearing and Regular meeting discussion with an opportunity for the Board to consider early approval of select budget items |
June 9, 2014 |
Special Board meeting for second public hearing |
June 9, 2014 6:30 pm La Follette High School 702 Pflaum Road, Room C17 |
Operations Work Group meeting to discuss the proposed budget |
June 16, 2014 |
Special meeting to consider adoption of the 2014-15 preliminary budget |
NOTE: All Board of Education Special Meetings can be viewed live by clicking here. |
Over the last few months, Assistant Superintendent for Business Services, Mike Barry, presented a series of briefings to the Madison Board of Education regarding budget projections and planning for the 2014-2015 school year.
2) Overview of Staff Allocation Process
Below you will find links to .pdf documents with information on the 2013-14 budget.
2013-14 Fall Budget - Final Adoption
Audited Financial Statements 2012-13
Audited Financial Statements 2011-12
Audited Financial Statements 2010-11