MMSD Budget Development
How it works?
Every year, we set out to develop a budget for our district that aligns with our Strategic Framework, meets the needs of students and staff, and is fiscally responsible in light of State mandated revenue restrictions. Our process is to:
- Collect and analyze input from students, staff and families collected throughout the year
- Work with schools and departments to determine budgeting goals and guiding principles
- Create a revenue forecast based on current law and projected enrollment
- Develop and fund our strategic equity projects in line with the Strategic Framework and input received throughout the year
- Create a district-wide staffing plan using enrollment projections
- Develop a positive compensation strategy, including salaries/wages and benefits
- Budget expected increases, such as utilities and transportation costs
- Identify savings needed to balance budget gaps, focusing at the central office level first
How does the Draft Preliminary Budget reflect the District’s priorities?
It is more important than ever for us to work in partnership with the community. Through our district ways of working, we collect and analyze feedback from students, staff and family all year. The data collected is analyzed by our qualitative research specialist and published on the research website. This information is then used by the Board of Education and the district’s Senior Leadership Team to develop the budget goals, parameters, and strategic equity projects. The following are primary examples of community input utilized to create the 2019-20 budget:
- Strategic Framework listening sessions report
- Public Speaking input at Regular and Operating Work Group Board Meetings
- BEP Community Feedback and Board Ad Hoc Committee
- Climate Survey (Under Public Dashboards Tab)
- Building Excellence Feedback
We are committed to ensuring our budget is aligned with our Strategic Framework priorities, including our focused beliefs on Black Excellence. In the 2019-20 budget, you’ll see several strategic investments, aimed at accelerating results for youth of color. These investments include:
- $425,000 to expand the number of dual enrollment seats in the Early College STEM Academy at Madison College, which focuses on getting more youth of color and women into post-secondary education and the STEM field
- $380,000 to increase access to advanced learning for youth of color
- $530,000 in school-based Psychologists and Social Workers
- $320,000 for MicroSchool options for youth re-engagement with a specific focus on those high school students who are most at risk of not graduating
- $50,000 in funding for restorative justice efforts, including training and research of different models through our existing community partnerships to support accelerated restorative justice system development in all schools
How does the 2020-21 Budget process link to the November 2020 referendum?
Learn more information in this regard on the Potential 2020 Operating Referendum page.
What is the 2020-21 Budget Timeline?
- April 27: Draft Preliminary Budget presented to Board
- April 27: Draft budget posted to MMSD Website, Budget Community input portal opened
- May 4 to May 17: Targeted budget input sessions
- May 4 - May 31: Board Member Budget Amendment Process
- May 11: Budget Input Session #1 at Operations Workgroup
- June 8: Budget Input Session # 2 at Operations Workgroup, Confirm Board Amendments for June 22 vote
- June 22: Board vote to adopt preliminary budget