Schools propose $97.9M budget

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BELOIT - The School District of Beloit has estimated its overall budget at $97,867,654 for the 2017-2018 fiscal year.

The estimated operations budget for the district in 2017-2018 is $84,120,621. Anticipated revenue is $84,237,803, according to information in a board packet.

Executive Director of Business Service Jamie Merath presented to the Finance, Transportation and Property Committee a preliminary budget on Tuesday. The district will hold the annual budget hearing in October when it receives the final state aid figures and property values.

Wisconsin has not passed the 2017-19 biennial budget yet, so district officials do not have exact figures for all revenues and expenses.

Planned spending reductions in the preliminary budget total $1,805,009 and include: implementing print management, $125,952; eliminating a mechanical contract, $63,568; aligning employee groups pay, $23,210; eliminating leadership for administrative mentorship, $89,954; eliminating a marketing contract, $44,000; closing employee wellness clinic, $274,587; administrative department budget reductions of 10 percent, $525,853; and Other Post Employment Benefits (OPEB) benefit savings, $657,885.

New costs of $2,170,712 are as follows: staff salary increases at the consumer price index of 1.26 percent, $671,575; five mental health service positions at the intermediate and elementary level, $499,460; school age parent coordinator, $37,481; increase in professional development contract days, $398,918; fifth grade dual language immersion teacher, $82,278; UW-Whitewater partnership for dual language immersion programming, $5,000; increase of a special education teacher, $85,000; increase of eight special education para-educators, $336,000; and increase in one secretary, $55,000.

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