Report (pdf) - School Management Services

The Project Consultants concluded that Weyerhaeuser Area School
District’s fund balance was diminutive in 1996-97 and has continued to
erode, over time, is strikingly below the average of all State of Wisconsin
school districts, likely will marginally improve as a result of local patrons’
authorization for the school district to exceed revenue caps, and, then over
time, will continue to decline as General Fund revenue diminishes with the
erosion of student enrollment. The Project Consultants further concluded
that Weyerhaeuser Area School District’s fund balance is cost/ineffectively
low.
3.6 Property and Tax Data
The Project Consultants examined select property and tax data for the
School District of Bruce, Ladysmith-Hawkins School District, and
Weyerhaeuser Area School District, employing the Wisconsin Department
of Public Instruction’s financial data records.
Table 9-B delineates the School District of Bruce’s 2006-07 equalized value
was $275,745,570, and the district’s equalized value/member was
$435,617. (Over the five year span of time from 2001-02 to 2006-07, the
School District of Bruce’s equalized value/member increased from
$265,353/member to $435,617/member, a gain of +$170,264/member or
+64.2%).
The 2006-07 mill rate for the School District of Bruce was $6.98 (per
$1,000 of valuation). (Over the five year span of time from 2001-02 to
2006-07, the School District of Bruce’s mill rate decreased from $9.90 to
$6.98, a decline of -$2.92 per $1,000 of valuation or -29.5%).
© Roger Worner Associates, Inc.
69