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Meeting Date:
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6/5/2025 - 5:30 PM
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Category:
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ITEMS OF BUSINESS
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Type:
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Info
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Subject:
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1. Informational Overview and Public Hearing on the 2025-26 Superintendent's Proposed Budget
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Strategic Plan Compatibility Statement:
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Goal 1 Academic Achievement Goal 2 Student, Family and Community Engagement Goal 3 Effective and Efficient Operations
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Attachments
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Attachment (1) 2025-26 Proposed Budget Summary
Attachment (2) 2025-26 Proposed Budget - Line Item Detail
Attachment (3) 2025-26 Proposed Budget Supplement - School Budgets
Attachment (4) 2025-26 Proposed Budget Supplement - Office Budgets
Presentation
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File Attachment:
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Background:
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The District's financial planning and budget development is a year-round process guided by the Milwaukee Board of School Directors' goals, the Five Priorities for Success, and the approved budget priorities.
The attached 2025-26 Proposed Budget reflects the collaborative efforts of schools, families, the district, community stakeholders, and the Milwaukee Board of School Directors. Meaningful discussions took place to determine where and how public dollars are spent, ensuring equitable resource allocation that prioritizes school funding.
The proposed budget reflects the commitment to providing all MPS children with the best possible learning experiences
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Fiscal Impact Statement:
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The proposed budget for July 1, 2025, through June 30, 2026, is balanced. A balanced budget is one in which funding authorized for each Fund matches the projected revenues.
The projected 2025–26 revenue in the School Operations Fund is $1.548 billion.
The total 2025-26 Proposed Budget, which includes operations, nutrition, extension, construction, and grant funding is $1.548 billion.
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Implementation and Assessment Plan
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Recommendation:
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Approvals:
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Recommended By:
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Signed By:
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Nick Sinram - Director II, Financial Planning and Budget
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Signed By:
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Aycha Sawa - Chief Financial Officer
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Signed By:
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Dr. Brenda Cassellius - Superintendent of Schools
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