Agenda Item
Meeting Date: 5/16/2017 - 7:00 PM
Category: ITEMS OF BUSINESS
Type: Action
Subject: 3. Action on the 2017-2018 Superintendent's Proposed Budget, Including the Budgets for the School Operations, Construction, and Extension Funds
Strategic Plan Compatibility Statement:
Goal 1
Academic Achievement
Goal 2
Student, Family and Community Engagement
Goal 3
Effective and Efficient Operations
Policy: Admin Policy 3.01 - Annual Operating Budget
Attachments: Attachment (1) 2017-2018 Superintendent's Proposed Budget Resolutions
File Attachment:
Attachment (1) 2017-2018 Superintendent's Proposed Budget Resolutions.pdf
Background: The Administration is presenting the following resolutions for the Committee to recommend for adoption by the Milwaukee Board of School Directors:

SCHOOL OPERATIONS FUND
RESOLVED, That pursuant to the provisions of Section 119.46, Wisconsin Statutes, relating to the School Operations Fund, the Board of School Directors hereby advises the Common Council that the amount of $982,169,341 will be required for the operation of the Milwaukee Public Schools, for the repair and keeping in order of school buildings and equipment, and the making of material improvements to school property during the 2018 Fiscal Year. In addition, pursuant to action taken by the Board of School Directors at its regular meeting on September 22, 2011, the Board of School Directors is required to advise the Common Council that [AMOUNT TO BE DETERMINED] will be required for the operation of the Milwaukee Parental Choice Program; and that $[AMOUNT TO BE DETERMINED] will be required for the operations of the Milwaukee public Schools and that a total of $[AMOUNT TO BE DETERMINED] thereof is to be raised by a tax levy on all real and personal property in the City of Milwaukee subject to taxation for Milwaukee public school purposes in 2018, pursuant to the provisions of Section 65.07(1)(e), Wisconsin Statutes, said amount to be raised by tax levy being in addition of the money to be received from state aids, shared taxes, and from other miscellaneous sources.

CONSTRUCTION FUND
RESOLVED, That, pursuant to the provisions of Section 119.48, Wisconsin Statutes, the Board of School Directors hereby advises the Common Council that the amount of $2,687,203 will be required for the 2018 Fiscal Year Construction Fund budget purposes and that it is to provide, in accordance with Section 65.07(1)(f), Wisconsin Statutes, $1,100,000 by a tax levy on all real and personal property in the City of Milwaukee subject to taxation for Milwaukee Public School purposes in 2018, said amount to be in addition to the money received from other miscellaneous sources.

EXTENSION FUND
RESOLVED, That, pursuant to the provisions of Section 119.47, Wisconsin Statutes, relating to the Extension Fund, the Board of School Directors hereby advises the Common Council that the amount of $24,814,844 will be required for the maintenance of playgrounds, recreation centers, and similar activities during the 2018 Fiscal Year, and that $20,000,000 thereof is to be raised by a tax levy on all real and personal property in the City of Milwaukee subject to taxation for Milwaukee Public School purposes in 2018, pursuant to the provisions of Section 65.07(1)(g), Wisconsin Statutes, said amount being required in addition to other miscellaneous sources.
Fiscal Impact Statement: The proposed 2017-18 budget reflects an overall reduction in spending of $21.0 million, or 1.8%, from the 2016-2017 budget. The reduction reflects the fact that the 2016-17 budget included borrowing in the Construction Fund which is not included in the proposed budget for 2017-18. Projected revenues in the general operations budget are virtually unchanged at a 0.3% increase over 2016-17.

The total proposed budget--which includes grant funding and funding for Milwaukee Recreation---is $1,176,129,642, down from $1,197,098,961 in 2016-2017.
Implementation and Assessment Plan During the month of May, the Milwaukee Board of School Directors will hold hearings to discuss and review the proposed budget. The Board will take public testimony from stakeholders and hear from the Administration on the proposed budget. The Board is scheduled to adopt the Superintendent's proposed 2017-18 budget at its regular monthly meeting on May 25, 2017.
Recommendation: The Administration is recommending the Committee on Strategic Planning and Budget approve the budget resolutions contained in Attachment 1.
Approvals:
Recommended By:
Signed By:
Shannon Gordon - Senior Director
Signed By:
Dr. Darienne Driver - Superintendent