On the spending side, there also are changes since June.
The operating budget was predicted to be $376.5 million in June. It is now $380 million, in large part because School Board members have decided to spend about $2 million this school year of the $9.27 million in one-time proceeds the district is getting from a successful Downtown tax incremental financing (TIF) district.
Most of the $2 million will be spent on maintenance projects, facility improvements and technology infrastructure.
The district’s operating budget funds basic operations and includes all instructional programming. The district also has what it calls its “all funds budget,” which is $448.9 million and includes expenditures like debt service.
Much more on the Madison School District’s 2016-2017 budget, here.
Per student spending is $17,791 for 25,231 students