Translate

Budget

The School District of Menomonee Falls starts its fiscal year on July 1. The preliminary tax levy for the School District of Menomonee Falls is voted on by the community in September of each year at the Annual Meeting. The annual budget and tax levy are officially adopted in October of each year as the major factors that impact the budget development (i.e. revenue limit calculation, final equalization aid, equalized property values and student enrollment) become available in October. The tax levy is then provided to our municipality in November. In December, the board begins working on budget priorities for the coming year by following the budget timeline.

Budget Goals & Priorities:
  • Improve student achievement and staff performance with continuous improvement focus in all divisions and levels
  • Ensure appropriate class size ratios and prioritize student programming for successful college and career transitions
  • Sustain efficient and effective operations in all divisions and levels
  • Focus resources on strategic improvement priorities
  • Safeguard the taxpayer’s investment through high organizational performance

Points of Pride

  • Managed operations to end with a positive budget variance in the General Fund in 23-24
  • Retirement of Fund 38 debt (non-referendum debt)
  • Defeasance of Fund 39 debt (referendum debt) resulting in taxpayer savings of over $3.3 million
  • Created a Fund 46 for future Capital Improvement investments
  • Independent financial audit opinion continues as unqualified (‘clean audit opinion’)
  • Approved CE & Rec expansion while managing tax levy and mill rate
  • “Exceeds Expectations” on the DPI School District Report Card
The graphs below reflect SDMF's preliminary 2024-25 budget.

Finance and Operations Calendars

Historical Budgets

2024-2025 Annual Meeting