East Troy board adopts budget assumptions: 4.12% salary increase, health-cost cap at 3%

The East Troy School District Board approved preliminary budget assumptions for the 2024–25 school year, voting to limit health-insurance renewal assumptions to no more than 3%, to apply a 4.12% salary increase (matching last year’s CPI-based approach) and to set other expense growth at 2%.

A district staff presenter reviewed early budget projections and “impact needs” including professional learning ($37,500), a full-time reading interventionist (approx. $85,000), a combined middle-school agriculture/high-school Spanish teacher (approx. $160,000), and reconfiguration of the teaching and learning department ($25,000). With these assumptions and anticipated retirements, the district’s preliminary modeling showed a general-fund surplus of $281,314 but a projected deficit of about $190,096 in forward years.

"With the current Baird model, it was currently showing a surplus of $281,314," a staff member said, noting the need to monitor Act 20 and other cost drivers. A board member moved to approve the assumptions; the motion was seconded and carried by voice vote.

Board members said they want to minimize disruption to active employees while maintaining fiscal responsibility. Administration said adoption of the assumptions will allow staff to proceed with contract work and staffing plans.

What’s next: Administration will begin contract work and continue to refine projections; any formal budget adoption will follow statutory timelines.