Report (pdf) - School Management Services

compared to the average of all State of Wisconsin school districts—and will
continue to increase, uncontrollably and cost/ineffectively, as student
enrollment plummets.
3.5 Fund Balance
Fund balance trends for the School District of Bruce, Ladysmith-Hawkins
School District, and Weyerhaeuser Area School District are detailed below
in Tables 8-B, 8-LH, and 8-W. According to SchoolFacts 08, fund balance
represents revenues not currently being used by a school district, including
dollars reserved for an upcoming capital expenditure (such as building
construction) or cash reserved until state aid and property tax
appropriations are received. The fund balance could serve as a “rainy day
fund” in the event of an emergency.
Table 8-B delineates that the School District of Bruce’s 1996-97 fund
balance was $472/student, a figure that was -$2,179/student or -78.3% less
than the fund balance of the average of all State of Wisconsin school
districts ($2,651/student).
Over the nine year span of time from 1996-97 (base year) to 2006-07, the
School District of Bruce’s fund balance increased from $472/student (1996-
97) to $1,338/student (2006-07), a gain of +$866/student or +183.5%.
Over the same span of time, the fund balance for the average of all State of
Wisconsin school districts increased from $2,651/student (1996-97) to
$3,727/student (2006-07), a gain of +$1,076/student or +40.6%.
At the conclusion of the 2006-07 school year, the fund balance in the
average of all State of Wisconsin school districts ($3,727/student)
© Roger Worner Associates, Inc.
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