001There you go. All right. 7 o'clock on the dock. >> Thank you, Ken. >> It is 7 o'clock and I'll call the Kapu area school district annual meeting to order. >> Dispense with roll call it annual meeting and we'll jump therefore to affirmation approve and publication of the agenda. I, Kimberly Johnson, hereby certify that notice of the Kikapoo area schools annual meeting was posted in accordance to the state law. Uh, Kikapoo K12 school building on 10:15, Citizens First Bank and Viola on 10:15, and Appitaf News on 10:16 and 10:23. >> Thank you, Kim. and we need somebody to bravely step forward and be appointed as secretions for tonight's meeting. >> I'll make a motion that Marla be our secretary for the annual meeting. >> I'll second it. >> Motion by Earl, second by Janet. And
002I think we vote before anybody else gets any crazy ideas. All in favor? I >> We should note everybody votes this. That's right. Then we have to elect the temporary chairman for the meeting. >> Nominating Scott Walter. >> Motion by Janet. Second by Isaac. Naming Scott Walter as chairman for tonight's meeting. We also Okay. All in favor? I >> opposed. Motion passes. Next up, reading of the annual meeting minutes from 2024, typically read by our clerk, Rich James, but often that is dispensed with. If anybody would like to make a motion. >> Make a motion reading of the last year minutes. I'll second it. >> Motion by Earl, second by Bo to dispense with reading of the minutes. I will point out for folks attending, they are in the packet. So, if you'd like to
003look through, feel free. So, a motion to dispense with reading of last year's annual meeting minutes. All in favor? I >> oppose. Motion passes. Then we move on to reading of the treasures report by our treasurer Earl Wallace. A425 general revenue fund revenue $8,17,910.72. The 2526 budgeted revenue is 8,33,239. The increase of $345,32828 or 4.31%. The 2425 general fund expenditures was 8 million $2,29010. The 2526 budgeted expenditures is $8,363239. 8 million,363,239 increase of $360,948 or 4.51%. The district has the following debt scheduled for the 2526 physical year. Payment on the 2015 energy efficiency bonds fund 38 $444,500. Payment on the 2021 referendum fund 39 $162,65 for a total $66,565. district will be filing for short-term borrowing authority for the 2526 physical year. The district did not do any short-term borrowing of 2425 physical year and
004there is currently no outstanding balance. The tax levy is based on the revenue cap which changes according to September enrollment equalization aid and the equalized valuation among other variables. The 2425 total tax levy was $2,532,029. The 2526 proposed tax levy is 3,272,963 or an increase is $740,934 or 29.26%. The general aid is certified the by the department of public construction on October 15 each year. Equalized valuation is certified each October by the department of revenue. The 2425 general aid was 3,268,11. The equalized value was $398,492.31. The 2526 general aid is 2 billion921,54 which is a decrease of $346,597 10.61%. The equalized value is $446,69,37 an increase of 47,617,76 or 11.93%. >> Thank you. >> Any thoughts, discussion on the treasur report? If not, anybody want to make a motion to approve treasures report? >> Motion
005to approve the treasures park. >> I'll jump in and second it. So motion by Isaac, second by Scott to approve. All in favor? I opposed. Treasurer's report is approved. Next up, presentation of the 2526 budget by the administration. Um, so I'd like to introduce to you El M. Um, and she comes to us with a background in public finance and she's associated with our beard. um who works with us on our budget. So, this is Elise and she will be um walking through some of the different components of this budget with me. Um with Allison Sanwick on maternity leave and me just kind of resuming from my accident absence, um Ely has agreed that she could come and offer her expertise and answer any um questions should we have regarding the budget. So, I will
006go ahead and start actually with our September pupil count that's in the handout. Um, and we have a nice graph here. The very top line are what's referred to as our in seats. Um, and this is the headcount, the actual number of students physically attending Kickapoo schools. Um this number is taken on the third Friday in September and again in January and it includes all students in seats on that day um regardless of where their funding is coming from whether they are resident or opened enrolled. This number helps us plan for classrooms, teachers and supplies. Um the next uh line that we have there is our blue line. which is our membership and membership is basically that state funding term used to calculate aid and revenue limits. It's based on resident pupils for whom the
007district is financially responsible whether they are physically attending here or not. This number includes Kikapoo residents attending our schools, attending elsewhere through open enrollment or in certain placements. Um, it excludes non-resident students who open enroll into Kikapoo because the state counts them under their home district. Membership is averaged across three count periods, September, January, and the September or I'm sorry, the summer school FTE um to kind of smooth that year-to-year swings. And then we have in the red line which is our FTE and that means our full-time equivalent. Um a full day student counts as one FTE. Our half day or 4K or any early childhood students might be counted um in our district as a 6. and DPI uses these FTE values to ensure that funding reflects the amount of instructional time um required
008or provided. So that kind of sums up our student pupil count and um this graph actually shows kind of the a historical view of what that pupil count looks has looked like. Then I think on unless there are any pictures or pictures questions, I'll move on to the next page which is the open enrollment versus the open enrollment out. Um, and here we see that blue line that's that's showing a a really nice increase in number. Um, as those are students who are open enrolled in to the district. Um and then that red line there shows students who are open and rolled out who are choosing um other avenues of education or other districts. So we have um a healthy open enrolled in um population which we are are very proud of. Um so this
009here is actually not just a financial measure but also a reflection of the community confidence and the experience we provide here for our students. So that sums up kind of those two documents um concerning enrollment and pupil counts. the next page which is the proposed tax levy. I think Elise was um going to go over this document. >> Yes. Would you like me to share first? Um good evening everybody. Can you hear me? Okay. >> Yes. >> Y >> Okay. Should I share my screen? I see everybody has the packet. Um but I don't usually like it when my head is on a gigantic screen in a in a district library. So, I'll just share. >> Yeah, you go ahead. >> The floating head. Um, let's see. Okay. All right. So, I'm going to share
010about the 2526 proposed tax levy that is um being motioned on this evening. And again, my name is Elise M. I'm from Beard uh public finance and uh congratulations to Allison. Certainly a big day that her baby came, the last day that the state variable comes in for school budgets. So that's really exciting. Um so I can provide the statewide context. Um so if you guys have any questions and then I told uh also Kim if you guys have questions that we can't answer, we'll certainly try to do our research and get uh get an answer if we need to. So, um, the total schoolbased tax levy is broken up into a few different levies in the school district of Kickapoo. So, uh, on the slide or page 10, you'll see the levy. The first
011one is the general fund levy, fund 10. The second one B is fund 38, nonreferendum approved debt. The third you see, is fund 39, referendum debt service levy. and then two other levies that the school district of Kikapoo does not utilize all added together to make up the total schoolbased tax levy. Um A and B are dictated by the revenue limit formula which is the uh formula provided by the state of Wisconsin to determine how much revenue a school district can raise uh through local taxes and state aid. So those two values together are the our revenue limit. And then line C is referendum approved debt service that's outside of the revenue limit and that can only go towards repaying principal and interest on um outstanding loans. So all of those added together are Kapoo's
012total schoolbased tax levy for the year 3,272963. Um which then um that levy divided by the total equalized value times a,000 gives us our mill rate which is how school districts across the state compare um to their their levy based on their valuation. So that equalized value really represents the fair market value within the district. We use equalized value because it's calculated on an annual basis and we do not use assessed value because those happen more sporadically and vary from municipality to municipality. So the next uh box kind of shows the district's historical mill rate and levy over time. noticeably 2425 and 2526 do show increases. Uh the district is planning certainly on on on those as it relates to the recurring referendum that's kind of getting calculated in that levy. Um and then exacerbated
013this year is the loss in state equalization aid which provides property tax relief for school districts. So, uh, the last two years largely marked by tax increases as a result of a past recurring referendum. And then that bottom section, the school property tax by municipality, helps us to see the municipalities and which portion of that levy they will see as a result of what percent of the whole they make up of the total school district. So um in 2324 these municipalities were distributing $1.9 million and then in 2425 it was 2.5 and then 2526 is 3.2. So um those you can see the percent changes on the right hand side but that helps to represent the increase in levy that each of those municipalities will see. Uh page 11 is a historical look at the
014valuation um percent change and then the total levy over time. So this is quite the historical look back. I love that you guys have this amount of history because it really allows you to see that, you know, 10 years ago, gosh, 15 years ago, you've nearly quadrupled in, you know, equalized value and that levy has also grown. Um, so that's that's an interesting history to kind of see where the district has been. And then the bottom section shows the equalized property values uh by municipality as well. So where the previous page was going levy by municipality, this page is showing equalized value by municipality, which kind of allows you to see uh which municipalities are are growing. If the total school district grew on at a rate of 11 almost 12% I'm looking at that
015percent change column and in the bottom right hand corner the total school district property value grew by about 12%. Then you can see which municipality saw above or below average growth within the district. Okay, Kim is going to speak to fund 80 and how those uh dollars are being allocated in this year's budget. >> Right. So on page 12, we start out at the top here with the 2425 beginning fund balance, which is that $9,57756. Um that same year the pool revenue in fund 80 was a $14,948. We g we supply the trap team with $1,000. There are purchase services right around the $300. We pay for the pool supervisor $4,58987. And then our summer programs um that aerobics um instructors and the rest for 7,653 giving our total expenses um $13,543.54. Um ending that
016year 2425 with a fund balance of 10,98202 for the 2526 budget. our fund 80 levy budgeted and anticipated revenue for the pool of 12,000. Um summer program aerobics and refs right around that same $7,687. the pool supervisor, um purchase services, dues and fees, and then again that trap club bringing those total expenses um 13,683 and anticipated fund 80 fund balance for next June of 26 then of 9,29902. Any question on our fund 80 or that community services detail? If not, we'll go into the Griffin funds here. And the Griffin funds um were established because of their strong belief in education and their desire to make a lasting impact on our Kikapoo community. Lee Griffin was a a successful forward thinker. Um he was a man who valued the opportunities that education had provided him. So
017he and his wife Helen chose to give back to the school that had shaped their community and its future. So through their estate they created funds that have supported the growth of our students in both mind and body from our library and classrooms to our athletic fields and wellness initiatives. Um the Griffin legacy is not about replacing district funds or filling gaps. It's about enhancing opportunities for our kids. So, these funds have allowed us to support students scholarships and learning environments, improve facilities like pool and athletic areas, maintain high quality environments that reflect community pride. Um, their vision continues to remind us that education is both a personal investment and a community responsibility. Um, and we can tell on this sheet here some of the different funds with the balance. We kind of have that
018historical view again with a balance of 6:30 during 6:30 of 14. Um, and I won't go through all these numbers, but there we have the totals for the Griffin funds, um, revenue, expenses, and difference. And then we have the tech school scholarships um going dating back to 2015 into the with the totals listed there as well under our revenue expenses and differences giving us a grand total of Griffin funds of a million78s 195 and 34. Any questions on our Griffin fund? If not, then we'll move into that next. Um I think in our packet we have um on page 14, the state aid versus the tax levy. Um, but we kind of want to bring your attention more to page 15 where Elise, >> you were going to go over the revenue limit calculation, correct?
019>> Yes. Yep. So, this is a slide uh our team shares regularly. Um, the revenue limit is a calculation that we pay very close attention to because it it is the largest source of operating revenue that a district can uh raise through the sources of uh local tax levy and state equalization aid. So the top line you see on the slide represents the district's total revenue limit with all exemptions. So in 2425 and 2526 that notably includes the recurring referendum. Um and then the red line represents the amount of aid that the school district of Kickapoo receives from the state in order to essentially provide property tax relief. So this is um a state dictated formula based on property wealth per member and it essentially identifies who is covering what portions of the revenue limit
020uh formula. So in 2526 Kapoo's revenue limit was roughly 6 million and then the state says okay well of that 6 million we state of Wisconsin will contribute 2.9 and then the local taxpayer will then cover the balance and that's that you know revenue the basis of that revenue limit levy. So noticeably in Kikapoo that has gone down over the last three years. So um I mentioned that the levy if you see that levy increase of 30% in this year some of it is that new authority coming from the recurring referendum recurring referendum and then another part of it is the fact that the district is losing almost 300,000 in state equalization aid um to help offset taxes. So it's how the formula works. I mentioned it's uh property wealth per member um compared to
021the rest of the state. So if Kikapoo is growing at a rate of 12% and the rest of the state average is growing around 8%. Then in the eyes of the formula, Kikapoo is more property wealthy per student and as a result the local tax base will incur more of that um revenue limit authority. So this kind of shows how over time that has shifted. So if I can interrupt, this is Janet Matis. I'm just here. Um the decrease then when you say the the uh number of students that's our population of our students right that's what I forgot what the term was on the other chart >> membership that's members >> and that we're property wealthy that's the equalized value >> correct so equalized value went up we knew that >> more that the
022state average >> and our membership went down which is why it makes us look well. >> That is correct. You said it perfectly. >> All right. >> And in the eyes of the formula, you know, uh previously Kikapoo saw a greater portion in 2122. So it really depends on where the district falls relative to the rest of the state and some of those statewide trends. So previously that that was not the case, but now with that uh equalized value growing, the membership going down as you as you noted Janet, that kind of exacerbates the the issue. And so it doesn't Blast Street. It's frozen. Sorry, >> they uh that's okay. The resident district will um will tax for that voucher amount and then transit those dollars back to the state at the end of the
023year. So effectively it comes on the district's revenue limit as an exemption and then the district collects it in the form of taxes and then at the end of the year it is transited back to the state. So the public school district is really just a pass through. It does not have a budget impact but it does have a tax impact. So in 2526 that impact on the revenue limit was 83,621. Any questions >> that based on last year's numbers though because we don't know what that is for this year yet either do we or some number counts there too. >> This is the count. Yeah. >> Yes. We get that number as of October 15th as well. Okay. >> And um Yep. So that one's pretty much set in stone for the year. on
024the phone. >> Okay. In moving on to slide 18, this pie chart represents the district's uh general fund revenues by source. So, uh the two biggest slices of the pie are going to be that state and local. And that's largely because that's where the revenue limit gets accounted for. Um the next largest slice is going to be that interd district revenue which is open and uh primarily open enrollment in revenue as Kim shared earlier. Uh, Kapoo is net open and enroll in uh net open enrollin winner which is really um as Kim mentioned it's a testament to the great things going on in Kikapoo but also it's a boon to the budget this year because the 2527 banial budget increased the per pupil dollars that are coming um for open enrollment students. So now in
025kickpoo that's roughly 1.3 million. And then the smaller but still very important slice of the pie is that federal revenue. So um things like title one, title two, title four. Um and those represent a good chunk of the district's budget as well. The next page is the district's uh expenditures by object. So object is what I consider the easiest terminology to understand. You can see things like salaries, benefits, etc. um when we approve the budget, it's on a two-digit function basis and those terms aren't as straightforward. So, I really like that Allison and the district pulled this together. This is a great visual representation of the budget. Um so, you can see that the majority of the, you know, 64% of the district's operating expenses really just simply go towards people paying the staff. Some
026uh programming for students is also in this purchased services bucket. this 1.4 million. Uh sometimes when districts can't hire for certain positions, they will um pay for an individual to kind of come not be fully on staff, but then pay for those services. >> Um and then the next largest piece of the pie is going to be the operating transfers out, which is really um the the transfer from the general fund to balance the special education fund. on an annual basis. Some of these smaller items, you know, represent less than 10% of the total uh expenditure budget, but non- capital objects, things like supplies, apparel, sometimes technology, um capital objects, and then the district insuranceances. So things like property liability and workers comp. And next, okay, I just went a circle. Um the next couple
027of slides, that's the fun stuff. Th this is the budget line by line. And so I actually I prepared a a little bit of a paired down version of this to really just kind of speak to the the high points of the budget. Um really the the significant buckets. Okay. So the buckets that we just explored and kind of breaking out in which line items those area um those budget items live. So I'm just going to pop my screen over here. I'm going to do this. Okay. So, in your packets, you've got the district budget by twodigit source and twodigit function. And so, this first section here is going to be like the top half of the fun 10 uh revenues uh the top half of the fund 10 revenue budget. So, the first column
028is the district's 2324 audited final activity. The next column is 2425 unudited. That those numbers are due to the DPI by December 15th. So they're still unodudited as of today. And then the f uh fi final column is 2526 and that is the district's budget um for approval this evening. So um row 210 represents that um taxpayer portion of the revenue limit. So that number as you can see is going up this year significantly. Part of it is because of the 3 325 per pupil revenue limit authority that was granted via the banial budget. Some of it is also as a result of the district's recurring referendum. Some of it is also as a result of the tax burden shifting more towards the local constituents and away from the state. So, it's kind of a
029combination of those three factors. Um, the next line that's notable is the 1.36 million that we mentioned related to open enrollment in revenue. So, not only did Kikapoo's FTE increase coming into the district, but also the per pupil dollars that go towards open enrollment students increased as well. and then sources um 600 down to the end. So notably line um 620 that's that state equalization aid line. So that's the state portion of the revenue limit. You can see it decreasing from last year to this year um as a result of what I described that property wealth per member. Also worth noting is that the bianial budget did not provide increases to this allocation statewide. So all across the state, we've seen school districts uh 70% of school districts statewide have seen a decrease in their
030state equalization aid. So it's not necessarily unique to Kikapoo that Kikapoo is losing aid because the bianial budget did not provide increases to this specific bucket. So that's worth noting as well. Um the 700s represent our federal sources. So um they are an important part of the district's budget. The largest one is the 750. That's going to be title one. And then um the 730 is going to be your smaller titles. One of the noticeable reasons why it's dropping for the current year is that the district did spend all of its esser or COVID relief dollars. So that is done completely. And then as the treasurer noted at the top of the meeting, overall total fund have uh fund 10 revenues are up roughly $360,000. Any questions on the fund 10 revenues? >> Did you
031just say it increased by $300 and some thousand? >> The district's total revenues. Yes. >> Okay. But we had a recurring referendum and that includes the money for the recurring referendum. >> Yes. >> Okay. And that was 400,000. So >> yes, >> then the other part would have been the loss of the state funding. >> Yeah. So >> it should have gone up 400,000 we stayed even, right? >> Yep. That's a good that's a good thought. I'm assuming that since we get 400,000 extra in the recurring referendum, we should see 400,000 over like year-over-year, >> right? >> What um kind of exacerbates that or why that math doesn't exactly tie out is because we're losing some of this federal revenue that's going down by about 200 some here. We're losing some from the state as
032well. Some of these per pupil aids um that go down when enrollment goes down. So, it's not exactly 400,000 once it's all kind of dust has settled. >> Thank you. >> So, for those who prefer pictures over um tables and numbers, this is a visual representation of uh the district's revenues. We had the pie chart a few slides ago and this is just a historical look. Um you can see how the state portion of these bars is has shrunk in 2526. So the state equalization aid is the lighter blue portion while the purple portion represents the property tax uh piece. This is an additional one that she brought. It's kind of in the bearded but yeah. So, sorry. I can share this afterwards. I can absolutely share this afterwards as well. I forgot to send
033this to you, Kim. Just an extra credit. >> Um, the other large bar is going to be the open enrollment bar. You're going to see that one kind of increasing as well. Notably, that pandemic, you know, revenue co revenue is gone. So, just a visual representation of what the numbers on the budget are showing. Next is expenditures. So, um, as I mentioned, we adopt the budget on a two-digit function level basis. And, you know, sometimes it's hard to know exactly what goes into those buckets. So, the the 1100s are um those are instruction. So, think about what kind of goes towards directly educating students in classrooms on a daily basis. Then that next uh support sources really goes towards uh kind of the the wheels that are turning in the background in order to ensure
034that um the school district continues kind of keeping the lights on, keeping the buses running um and some of those nondirect instruction positions as well. And then the non-program transactions, transfers between funds, um our open enrollout payment, our voucher payment that uh those expenditures live in these line items. And then a visual representation of those numbers um kind of sliced and diced into slightly different buckets is just seeing that the majority of our expenses go towards staffing. Um and then our transfer into fund 27 to balance the special education fund. And then some of those smaller items are as we mentioned those non- capital objects open enrollment etc. Next is uh fund 27 special education fund. Um so uh the half of the district's fund 27 revenue comes from the general fund in order to
035balance it effectively. Um the cost of educating um special education students per pupil is more based on statemandated requirements. The state does not reimburse 100% of those costs. And so as a result, the general fund essentially balances the special education fund. So that reimbursement from the state this year uh written into the bienial budget was 42%. However, that 42% is based on a some certain allocation, which means they've earmarked a pot of money. But if some districts are drawing out of that pot more than others, then they need to prorrate the reimbursement rate. So Allison did an awesome job. I was able to tie out exactly to the assumption that she used in the budget for the reimbursement rate. And uh the district is using 39% as opposed to the full 42%. Um which is
036conservative and also what we are seeing a lot statewide. We're seeing a lot of districts budgeting that reimbursement lower because the pot of money is is a set pot of money. So uh that could certainly change. It could come in better than that, but Any questions on that piece? Okay. Next is the fund 27 expenditures. Um so as I mentioned, you know, uh a lot of our special education expenditures are driven by um statemandated requirements. And so the district typically must provide the services to serve the student needs based on the student population that you have. This year uh special education fund is seeing a 6.7% increase. Okay, just a few more funds, a few more slides, I promise. lots of numbers. Um, so the next funds that we're going to be looking at are
037funds 38 and fund 39. 38 is within the revenue limit. 39 is outside of the revenue limit. Um, and essentially these funds are strictly toward uh go towards paying down debt service, principal and interest. So the district will, you know, levy for those dollars and then excuse me, pay the principal and interest um when it's due as is dictated by the loan. Can I go back and ask a question on special ed? Still staring at that. >> Yes. >> If I were this right, it looks like the revenue total revenue in the budget for next year is 780,000 about and uh make sure I'm not skipping something if I'm reading it right. The uh total expenses and everything is 1.4 million. So, right off the top, that means we've got 600,000 that we've got to
038figure on taking out of the general fund to make that balance. Or did I miss something there? >> No, it's it's the seven. You see correctly the 780 that represents the transfer. The total, okay, is um at the bottom there, >> but that is that is works out the same way anyway, maybe by coincidence. So, yeah, rounding off. Yeah. Well, it's roughly half of the district's uh fund 27 revenue comes from the transfer. So, yeah, that is >> okay. Thanks. And if it helps you, Janet, last year's transfer was about 850,000. So, a little less. >> Y >> because of the significant up. >> Yeah. >> But yeah. Yeah. >> As we can see now, but I don't Yeah. Right. Right. Looks like it even this here. We'll see. Yes, we um again Allison did
039a fantastic job of balancing the budget. You can see because it has a zero ending fund balance. Revenues equal expenditures. Um sometimes when we work with districts on their budgets, they don't have that fund balance. Just speaks to Al how thorough Allison is. Thank you for the question. Um, so after fund 38 and fund 39, we get to talk about the capital projects funds. Um, of these, Kapoo only utilizes fund 46 in 2526. Um, and that's really the kind of long-term capital planning and improvement. And it looks like at this point there's, you know, half a million sitting in fund balance. The 10,000 is going to be interest revenue and I'm sure there will be projects that pop up throughout the year that the district can explore uh how to tackle or or use fund
04046. Other districts use fund 46. um you know, at the end of the fiscal year, if the district if the budget performed better than expected, the district can make a transfer into fund 46 in order to um kind of help plan for unanticipated future expense needs. Um but as of right now, it looks like really we're just planning on interest revenue in that fund. And then the last two are related to food service and uh so that's fund 50 and then the community service fund which is fund 80. We uh Kim spoke about fund 80 a few pages ago, so I won't describe that one, but um fund 50, our revenues largely come from either charging for um school lunch or any food needs at the district. And then expenses are typically salaries, benefits, and
041then truly the cost of goods, unless you need to do something like replace a fridge or a walk-in cooler or a stove or a drain. Um, those types of things can come up during the year. So, um, the general fund can sometimes balance the food service fund if if need be as well. So, I think that's it as it relates to um to kind of the the total budget. I also like to provide a little bit of like a budget in words. I'm sure um Kim and Allison would have more words than stuck out to me, but when I was reviewing the district's budget, just as as Kim mentioned, I work with, you know, over 100 school districts statewide and these were kind of the things that I saw. So, on the one hand, you
042know, tax increases are likely and that was kind of known and communicated as a part of the recurring referendum. Um the banial budget did not provide additional property tax relief in the recent bianial budget. So that's going to compound that. Um the district is, you know, because staffing makes up such a large percentage of the district's operating expenses, that is going to be um a focus of the district's budget. And then the special education reimbursement even though we're estimating 39% uh locally it could come in better and it it absolutely provided necessary relief not just in Kikapoo but for districts all across the state. So when it comes to advocacy that's definitely one that resonates with districts statewide. It's not unique to any one district. So that was all I had prepared related to the
043budget. Kind of got through all of these pieces. And I don't always see this um page in uh because the district's annual meeting is in October. there were changes from when the the community saw the budget last. Usually it's at the end of June or the beginning of uh you it has to be actually at the end of June. And so sometimes districts post this um budget changes from the June to final. So I think that's great for um fiscal transparency. I think this is a really good summary. I think mo more districts should probably do this. Um, but this is just a statutory piece that the DPI includes to help show like what changed from when the original budget was approved to now. Okay, next page. Recognize this? I get to see these a
044lot. This is the um school district's fund 39 debt service. So this is relating to the 2015 um bond issuance and shows the amount of principal and interest that the district still has outstanding. kind of get into the tail end of the maturities for the the loan be paid off in the next three years. And then this next page represents uh the district's fund 38 loan. I think Kim, you mentioned this is for the pool. >> Yes, that was the pool. >> Okay. And next is the, you know, the fun stuff, the resolutions. So, I will stop sharing and let you take over from here. >> Thank you very much, Elise. Very thorough. Before you depart though, Elise, any other questions on the budget? Can the public have questions? >> Sure. Okay. So, 64% of
045the 8,363,39 budget is salary and benefits. What are you budgeting as for salary increases and benefits raises? I didn't see that in this report. Is it still 6% salary increase? And >> no, >> the average was right about what CPI was. >> It was CPI. >> What is it? CPI is 3.01 under three, was it? >> Yeah. So that budget was presented what two meetings ago maybe. >> Yeah. Or it would have been um the CPI from like this summer. going to search it roughly. >> So that includes also merit and rate you know for merit or promotions and the 3% you're budgeting or is that just the cost of living adjustment >> that basically cost of living the >> other money adjusted for salaries or increases above that 3%. >> Okay. So that's in
046line with what uh people are getting like on fixed incomes with social security, they're going to get a 2.8% raise. CPI is about 3%. So you guys are in line with that. So that's good. >> Uh the increase in the tax levy last year was 26.83%. This year is 28.64%. Okay. When people CPI is 3% and people are getting 3% raises on like social security, this is a big issue. Okay? And I don't know how sustainable it is. I know we got two more years of this to go. But when I talk to people, especially people that are retired, this is material on their property taxes. On top of that, we're getting revaluations like we had in the town of Pinkeroo, town of Liberty, where we're seeing 2x increases on valuations on top of uh
047which is going to be about 100% increase on property tax revenue due to the the levy. >> So, I don't know what else to to say. I know we talked about it before, but >> I know and I you know, I think we're frustrated as well and it's really that state funding model. Um we haven't as a district um we've kept our mission we've kept the focus on student you know pro you know and like the the document that Elise had demonstrated the decrease in what the state is allocating that they you know is hurting our community the increase in the property valuations you know we we are looking like a propertyrich district. Um, so I understand completely we're kind of stuck because we're here as a district wanting to provide and do what we
048can for these students and the funding model is >> in your state budget also though is looking at so it's reducing the school funding but they're also saying that property their taxpayers are going to get a reduction in their state taxes. So, I think when you're looking at that, you have to kind of take that into consideration, right? If the state's going to reduce the amount that they're taxing you, you're getting taxed more locally with your school. >> That's a good point. >> That too. >> I mean, they're putting on the people directly is essentially what they're saying. So, instead of the state taking all the money and redistributing it, they're saying, "We're not going to take it from you. Your school's going to take it from you directly." >> Yes. But I just read
049a national report last week that says the state of Wisconsin K12 spending per pupil averages 16,744 per student where it's ranked number 22 in the nation out of 50 states. Now, I don't know if that's state funding plus, you know, levies and different things like that, but if I take our budget of of 8.3 million divided by membership of 395, that comes to $21,172 per student we spent. >> I think you have to divide it by the total students where you use that green line at the top, which is the open enrolled in as well. >> We get money from 456 for the buttons. So, we're roughly in line then. I would say we're the state funding is about 16,750 bucks. So, I haven't done the math, but I bet if we took those numbers,
050we'd be roughly in line. Okay. >> That's what is our per student >> or what is the state per student? >> Yeah. What is it? Because >> well, it's a really it's a really good question because is it as straightforward as taking our total expenditures divided by our headcount? You have to keep in mind in that expenditure line item are things like your open and roll out expense. It's things like you have to go balance your fund 27. It's the voucher expense. All of those are included in the district's total bottom line. >> They include the voucher card in there. we ever get that. Well, it's part of the taxes. Yeah. >> So, that's where you kind of have to think about is it how do we want to calculate this? And I I really
051like the reference to the stat because it calls it it makes us think how is it calculated? Do we agree with the methodology? And then where do we fall compared to um you know this average that's been cited? So, there's a few different ways that the DPI calculates this specific um figure. There's educational cost per member, there's revenue per member. Um, my personal I I typically refer to maximum revenue per member when thinking about school district spending. Um, and in Kikapoo, I will sh I can share again. In Kikapoo, the maximum revenue per member this year is 12,630. So this is like when we think about revenue limit revenue I'm not sharing am I share what's that okay so when we think about revenue limit revenue like a district's ability to raise revenue per pupil
052I usually refer to this 12,630 figure but if we're talking about spending per pupil I mean, do we include things like food service? Do we in include things like debt service? >> Yes. >> Total expenditures divided by students >> equals expenditure per student. >> Thanks. So, that'd be a cool chart. You know, I don't want to get into the weeds here, but I was trying to look at what the state average is and see how we as kickoo line up. And I'd have to look at the the census again. I I didn't know the three lines um what to divide, but you would take the $ 8.3 million budget and divide it by whatever our student count is. And that would be could be a chart in a future presentation to say how are we
053trending versus state average. But the state average in Wisconsin for 2025 is 16,744. It's ranked number 22 out of 50 states. And for property tax uh burden, Wisconsin is ranked number nine out of 50 states. So this is this discussion we're having is very material. Uh as far as burden and this thing about property wealth, I don't quite understand that. Uh I I think that formula seems sort of weird because it really is income really your ability to pay. You know, you could have a lot of property for example, but you could be a retired farmer and you don't have >> on social security and their social security. When I was on the county board, I used to go to meal sites and talk to some widows and stuff. They live on very minimal incomes,
054right? And their kids were helping pay the property tax, but they're property rich and made average with land and equipment and stuff like that, but their disposable income, they're on a fixed income, is minimized. So, the problem Yeah. >> And that's a that's a state issue. Yes. Wisconsin issue >> goes beyond kick certainly. But >> but those are my inputs >> questions. >> It's a very um so you might have gotten more than what you bargain for having a bear teammate on the call because I have now I do have those state uh variables. We have an analytics tool that allows us to look at that spending. So, I just pulled in CISA 3. So, um, Kikapoo and your neighboring districts, I filtered out like Platville because they kind of skew the data a little
055bit. They're, um, bigger, but Kikapoo is in the bottom third of CISA 3 for spending per pupil. >> And it's it's really close to what you had calculated and estimated. It's right around 17,956. So that's going to include the 8 million that you referenced from fund 10 as well as fund 27. So fund 27 is an additional, you know, $1.4 million. So what's that total number? 17,000. You said >> 17956. Um, now this is 2324 because the district is literally just approving the budget tonight. So we don't we don't have it in the tool yet, but uh we will once it's once the the board has finally approved the budget. So >> So it' be higher more like 18 something probably. >> I calculated 17946 by taking the total expenses by the >> Okay. >>
056What's exceeds of 466? >> Oh, 18,000 roughly. >> Yep. >> Significant investment in our next generation of leaders. So, >> great comments. >> Thank you. >> Thanks, Adrian. Anybody else have any questions for Elise or thoughts on the budget? Hearing none, we're at the point where we'll entertain a motion to approve the budget. A motion to approve the budget. I'll second it. Motion by second by I can't see me. >> Betty Bett. All in favor? I opposed. We have an approved budget. Thank you everybody. Next up on the agenda. Well, first thanks Elise. You're still with us. I think you can probably go to bed now. >> But really appreciate it. >> Thank you. Thanks everybody. >> Thank you. >> As per normal with the annual meeting, we've got a short list of resolutions which
057I'll read. Then we'll need motions and seconds following each. A little preamble to begin with. State laws require that a number of resolutions be acted upon each year at the annual school district meeting giving the board of education the necessary legal authority to operate the schools. The first resolution is regarding the tax levy. Be it resolved that there shall be levied upon the taxable property of the Kickpoo Area School District the sum of 2,672,323 for the purpose of deferring the operation and maintenance of the public schools. $438,575 for non-referendum debt service and $162,65 for referendum debt service for a total levy of $3,272,963 for the 202526 school year. Oops. I'll second >> motion by Isaac, second by Earl. All in favor? >> I opposed. First resolution then passes. Second resolution re regarding school board member
058salaries. Present salary is $1,200 for each board member, $1,500 for the board president, and $1,300 for the board clerk with mileage to be set according to the IRS primary rate, and 25 a $25 fee for all committee meetings and extra board meetings as posted. The resolution be a resolved by the electors of the Kickpoo area school district, Vernon, Richland, and Crawford counties of Wisconsin that the following salary be set for the members of the board of education. Anybody want to recommend an amount? >> Make a motion that we keep the same number. >> Motion by Janet, second by Earl that we maintain the same board member salaries. All in favor? I opposed. Be it further resolved that the board members be paid for their actual and necessary expenses when traveling or attending meetings outside the
059district in the performance of duties. >> Make a motion to approve. I'll second it. >> Motion by Earl, second by Bo. I think that was All in favor? I opposed. Third resolution related to temporary borrowing by the board of education. It is necessary to borrow funds to meet district expenses during the year because revenue such as state aid and local taxes are not received until later in the year or even the following year. Such loans for operating expenses are for a short-term basis and are repaid when the funds mentioned above are received. Be it resolved that the board of education of the Kickpo area school district, Vernon, Richland, and Crawford counties of Wisconsin be authorized to secure a temporary loan in accordance with the provisions of section 67.12 of Wisconsin statutes for the purpose of
060meeting the immediate expenses of maintaining the schools of the district. I'll makeina. >> Tina figured it must be Tina. >> Motion by Tina, second by Isaac. All in favor? I oppose. Fourth resolution related to the hot lunch, breakfast, and milk program. Be it resolved that the board of education of the Kickpur area school district is hereby directed to furnish hot lunches, breakfast, and milk to any and all students of the district at such places and times and at such cost as shall be set by said board. And the school board is hereby authorized to pay any deficiency which may result from said lunch, breakfast, and milk program. >> I'll make that motion. I'll second >> motion by Bo, second by Isaac. All in favor? I opposed. Next resolution relates to legal proceedings. Be it resolved
061that the board of education of the Kickperia School District is directed to provide for the prosecution or defense of any action or proceedings in which the district is interested. That make that motion. >> Motion by Janet, second by Earl. All in favor? >> I opposed. And the last resolution related to transportation. Be it resolved by the electors of the Kiku area school district. A that the district shall transport all students in the district to school who are required to be transported by the district under the laws of the state of Wisconsin and in the same manner as required by said law. B that in addition the board of said school district is authorized to transport in its discretion any students living less than 2 miles from the school in said school. C that said board
062is hereby authorized to maintain and operate present transportation vehicles owned by the district and said board is hereby further authorized to purchase or lease any additional transportation vehicles that they deem necessary or advisable for the district to have and to place the same in operation that this authority is a continuation of previous authority given the board D that said board in its discretion if further authorize authorized and if it finds it advisable or necessary to furnish transportation for some students by parent contracts that said board is also authorized to provide any such transportation by contract with private individuals or companies. E, that said board is hereby authorized within reason to expend whatever sums it deems necessary and advisable for above purposes and to pay for the same from the general fund except expenditures for the
063purchase of vehicles may be furnished by the board at its discretion by borrowing or by financing contracts. F that the above authority to operate included the authority to purchase liability insurance on any and all of said vehicles and such amounts and or such coverage as the board deems necessary. >> I'll second it. >> Motion by Isaac, second by Bo. All in favor? I opposed. That was the last resolution. >> Motion to adjurnn. >> I didn't even ask for that. >> I'll second it anyway. >> Motion by Isaac, second by Janet to adjourn tonight's meeting. All in favor? I. Thank you everybody. All right, first up, roll call. Mara, please. >> Shider here. >> Janet Matthysse here. Wallace >> here. >> Isaac Wallace >> here. Scott Walther >> here. Affirmation of the proof of publication of
064the agenda. Deja vu. I guess that's you. I hereby Kimberly Johnson hereby certify that notice of the Kikapoo area schools annual meeting um was published accordance to state law. >> Thank you, Kim. As always, the slot for audience to visitors have any visitors left? >> Bonnie's back here. She's >> Oh, hey Bonnie. Do you have anything for us? >> I got nothing. >> I want to go home. How about board members? >> I was going to ask Kim if you heard anybody interested in the the vacancy. I saw the sign coming in. It was really nice. >> Yeah, we did put a couple posters up. I haven't heard anything. Have you guys heard anything >> that I haven't known about? No. >> Yeah. Right. K. >> I We've asked, but we've gotten nos. >> Is
065it us? But >> all right, we do have two items then on the action agenda. The first being the budget which we just painstakingly reviewed. I'll entertain a motion to approve. >> I'll make a motion that we approve 2526 budget both together. >> No, separate. I'll second that. Motion by Errol, second by Isaac to approve the 2526 budget. All in favor? I opposed. >> Scott, excuse me. Did you do the approved agenda? Did I miss it? >> Oh, you did not miss it because I didn't do it. >> I'll make motion. >> Let's step back. >> Feels good. >> Let's just jump back. >> Second. >> Motion by Earl, second by Isaac to approve tonight's agenda. All in favor? I >> as we vote on budget was is rich online is not okay. >> Just
066curious. >> Okay. So, we have an approved agenda. Thank you, Mara. And did you get the motions for the budget? So, we'll jump back down. Second item on the action agenda, the 2526 tax levy. >> Make a motion to approve the tax levy. >> Second. Usually that motion just so when they write it up usually that motion includes the exact amount of the levy you know the debt service the I was looking back at the treasures report because we used to have those numbers there it was easy to just for but whatever when you put it together I mean I'm sure we all understand what it is >> no one else does >> so we have a motion by Isaac B you second post seconds. All in favor? I opposed. One last motion to >>
067second. >> Motion by Isaac, second by Janet to adjourn. All in favor? I. Thanks again, everybody. >> Yeah. Thank you.