Madison Preparatory Academy Finance Discussion with the Madison School Board

Madison School District 60K PDF:

The review of resources moving forward to be allocated for Madison Prep need further conversation for Administration to gain further direction. At the February 28, 2011 meeting dealing with Madison Prep differing ideas were talked about by various individuals as to the best way to deal with Madison Prep. In order to better understand the direction the board would like administration to head financially with this school, an understanding of what has been done in the past is necessary.

When the finances were completed for Badger Rock, they were put together with the express direction of the majority of the Board that they should break even and not cause reductions in other areas of the district budget. This was accomplished by transferring resources from Sennett Middle School specifically as those kids were moved from Sennett to Badger Rock. This worked for Badger Rock because they defined an attendance area, and agreed that 80% or 40 kids would be from the Sennett attendance area.

For Madison Prep, the issue of transfer becomes more difficult as they will technically pull students from all of our Middle School attendance areas. The amount of funds we are able to segregate for transfer with this model are much less if we are under the same circumstances where we should have a program that breaks even or doesn't cause reductions in other areas of the budget.

Posted by Jim Zellmer at May 8, 2011 1:54 AM
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