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Wauzeka-Steuben approves 2023-24 budget, levy amount

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On Oct. 23 the Wauzeka-Steuben School Board convened in the school’s gymnasium for a trio of meetings: a 2023-24 budget hearing, the annual meeting and a special board meeting to approve the school district’s budget for the next year.

Present were Nikki Asleson, Board President; Ken Buck, Vice President; Mara Hird, Treasurer; and Jessie Bird, board member. With the school board, Dr. Gary Albrecht, Interim District Administrator; Jeff Mara, Business Office; and Tiffany Dums, Principal, were present at the meeting. Thomas Martin, Clerk, was not present at the meeting.

School officials highlighted financial expenditures and improvements in the 2022-23 year. Wireless microphone systems, projectors, computers, and other equipment were some of the acquisitions made by the school. Back up servers, classroom flooring and new windows were among the structural improvements made for the district.

Mara presented a breakdown of the proposed budget for 2023-24. The budget was given preliminary approval at the School Board’s Oct. 16 meeting. Mara reported a budgeted revenue and other financing sources amount of $5,157,741, down from the 2022-23 unaudited report’s $5,270,933.64. Total expenditures and other financing uses decreased to $4,968,996 from $5,230,669.02 in 20022-23’s report.

The levy amount would be set at $1,358,084, and the school’s rate would be 9.84, meaning a tax of $9.84 per $1,000 of a property’s value. The taxes are one of three major funding sources for schools, including federal grants and state aid.

The board unanimously approved the proposed budget after the hearing and annual meeting.

 

Other News:

-Board approved school district’s $1 million line of credit through People’s State Bank 3-0-1. The credit line was noted for cash flow purposes. The meeting agenda noted the terms of the credit would be determined at the December School Board Meeting.

-Fund 46’s projected balance will be $1,335,000 in June 2024. The fund is accessible on May 30, 2024.

-The district’s presentation also noted the district was debt free.

-Dr. Albrecht reviewed options for the school’s wall cladding and roof project. Three bids were presented and Albrecht stated the bids options would be considered at the Nov. 6 school board meeting.

-At the annual meeting, school board members’ salaries were increased by $200 to $1,400 per year.

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