SDMA Budget Update 4-12-2404/12/2024
As you know, the School District of the Menomonie Area is approaching a difficult budget situation. Expenses in the SDMA are projected to exceed revenues allowed by the state, so beginning with next school year, the school district will be operating with a budget deficit. The chart below illustrates a projected operating budget deficit that begins next year at $3.4 million and grows to $5.3 million by 2029. Without additional revenue or reductions to the budget, the district's operating fund balance is projected to drop from $16.4 million to -$5.3 million during that time.
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