brookfieldnow.com
      
Rummage MapseHarmony
weather

34°

Partly Cloudy | 9MPH

NEWSROOM * CIRCULATION * ADVERTISING

Saturday

March 2010

20

New Elmbrook financials show smaller deficit

An updated set of financial projections show that the Elmbrook School District's budget crunch is not quite as bad as previously thought.

The final version of the district's annual financial projection, prepared by PMA Financial Management, decreases Elmbrook's five-year deficit to $15.64 million. The gap shrank $2.56 million from the $18.2 million deficit estimated in a rough draft of the projection released in December.

The new projections show a smaller deficit because several of the assumptions used in the calculations have been made more accurate, said Keith Brightman, district assistant superintendent for finance and operations.

"We obviously have to check the projections and check the results and make sure everything makes sense in it," he said.

When reviewing the calculations used to create the projection draft, Brightman said he noticed that estimates for the cost of the district's staff salaries and benefits were too high. The draft also lowballed a revenue limit exemption the district receives to help pay for special education students.

Still, the deficit is 43 percent larger than what was predicted last year, when the district estimated it would need to trim $10.9 million over five years.

The spike between this year and last year is thanks to larger-than-expected declines in both state aid and student enrollment, Brightman said.

The projection means Elmbrook must cut an average of $3.22 million from its budget each year - assuming the previous years' cuts are sustained - or else find new revenue to make up the difference.

School Board members and district residents are now working to discern which cuts will help close the gap with the least amount of impact on student learning. That work will help update the district's five-year financial plan and be used in the 2010-11 budget process, Brightman said.


Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.
Tools
TEXT SIZE

Who will be next mayor?

Check out our special mayoral election page for candidate profiles, biographies, coverage of key issues and all the information you need to help you cast your ballot for the next mayor of Brookfield.

Photo galleries

Lancers stopped short

 Racine Case defeated Brookfield Central and ended the Lancers' season in the sectional semifinals, as featured in this photo gallery. 


More local photo galleries:

 

ELECTION 2010

Voters guide

Voters will be casting ballots in a number of key aldermanic and school board elections April 6. Be sure to check out our voters guide for everything you need to know before heading to the polls.

Marquette University

Marquette salutes
local honor students

Marquette University and BrookfieldNOW.com are proud to salute the outstanding students who have made the honor rolls at our local schools. Click on a student's name for a printable honor roll certificate. Go to the honor rolls page.

The Road to Madison

Follow the state high school basketball tournament in our special section, with coverage from the Journal Sentinel, NOW Newspapers, Lake Country Publications and TODAY's TMJ4.

 

Who do you think are the best high school basketball players in the suburbs? Vote now to help us pick our All-Suburban Basketball Teams and you could win a pair of lower-level tickets to a Bucks game.

Vote for boys team | Vote for girls team

Elmbrook Prep Sportlight

Prep Sports SpotlightThe sports season is in full swing at Brookfield Central and East high schools and, if you're a prep sports fan, we'll have you covered in basketball and more!

Stories: NOW staff's prep coverage
Stories: JS Online's metro area prep coverage

Spotlight on Brookfield
Sky's the Limit Sky's the Limit
NOW sports writer Tom "Sky" Skibosh gives his take on the prep sports scene:
 
EBHS Unleashed EBHS Unleashed
The Elmbrook Human Society shares animal tales:
 
Every School Every Week Every School Every Week
Learn what's going on in Brookfield's public and private schools.
 
Gas Watch Gas Watch
Find out where the cheapest gas is being sold in Brookfield.
 
Family Watchdog Family Watchdog
Use the interactive map to see where sex offenders live and work in Brookfield.
 
Presidential campaign contributions Presidential campaign contributions
Find out how much your neighbors are giving to the candidates.

Data Warehouse: More searchable databases

 

Groving Reporter

The Groving Reporter
Reporter Julie Ann Marra profiles Elm Grove people, places and things in her column.
Latest column: Go ahead, Elm Grove, make your move (3/18)

 

Spotlight on Waukesha County

The Fur (& Feather!) Flyer The Fur (& Feather!) Flyer
The Humane Animal Welfare Society describes its efforts:

 

Close to Home
Lorayne Ritt spotlights Waukesha County's nonprofit community: Waukesha Education Foundation (March 18) | Photos from this event

advertisement

Looking for a used car, a new job or a place to live? Search our interactive online classified ads.

Community Ads: Jobs | Cars | Homes
Rentals | Personals | More

JSOnline Ads: Jobs | Cars | Homes
Rentals | Personals | More