|
|
|
Meeting Date:
|
|
|
Category:
|
|
|
Type:
|
|
|
Subject:
|
|
2. Action on a Request to Approve the Proposed Fiscal Year 2025-26 Budget Priorities |
|
|
|
Strategic Plan Compatibility Statement:
|
Goal 3 Effective and Efficient Operations
|
|
|
|
Attachments:
|
|
|
File Attachment:
|
|
|
Background:
|
|
The approved budget priorities will be used in the planning and development of the fiscal year 2025-26 budget. The priorities guide the administration as it prepares the proposed budget. The identified priorities must be balanced with the resources available to the district, and may change in order to adapt to the district’s financial situation. The budget for the Milwaukee Public School District is driven by the district’s vision, mission, and strategic plan. It is intended to implement the board’s priorities:
• Increase academic achievement and accountability
• Improve district and school culture
• Develop our staff
• Ensure fiscal responsibility and transparency
• Strengthen communication and collaboration
The proposed budget priorities outlined below aim to guide the district in enhancing access to high-quality educational opportunities and fostering positive, supportive school environments for improved academic outcomes. All while developing a balanced budget that is compliant with state law and maximizes resources available under the district’s revenue limit.
Priorities
1. Prioritize school budgets while adjusting educational programming and departmental budgets.
2. Allocate resources to maintain school library, art, music, and physical education supported by the 2024 referendum.
3. Attract and retain staff by implementing board approved salary step increases.
4. Implement salary schedules with a 2.95% cost-of-living increase to keep pace with inflation, as measured by the Consumer Price Index (CPI).
5. Begin implementation of centralized security command center and technology updates.
6. Maintain central office capacity to support school operations.
7. Increase the fund balance to promote long-term stability and flexibility in the School Operation Fund, practicing sound financial management.
8. Consider modifications to employee benefits for eligible staff to identify cost savings and increase efficiencies.
9. Investigate the feasibility of expanding the number of site-based production kitchens and continue implementation of a kitchen equipment replacement schedule based on an inventory aging report. |
|
|
|
Fiscal Impact Statement:
|
|
This item does not authorize expenditures. The fiscal impact will depend on later action of the Milwaukee Board of School Directors (Board) in adopting the budget. |
|
|
|
Implementation and Assessment Plan: |
|
|
Recommendation
|
|
The Administration recommends that the Board approve the proposed fiscal year 2025–2026 budget priorities as listed in the item |
|
|
|
Approvals:
|
|
Recommended By: |
|
Signed By: |
 |
|
Nick Sinram - Director II, Financial Planning and Budget |
|
|
Signed By: |
|
|
Aycha Sawa - Chief Financial Officer |
|
|
Signed By: |
|
|
Eduardo Galvan - Interim Superintendent |
|
|
|
|
|
|
|
|