MPS financial audits reveal $46M budget gap; District sets June 30 goal to 'reduce that imbalance'
Feb 10, 2026
Three financial audits conducted for the Milwaukee Public Schools revealed a $46 million budget gap, according to a press release from the school district.The release pointed to state funding that has not kept up with inflation
as a contributor to the deficit and noted that, "without voter-supported referenda, the districts financial position would be considerably worse."The district has set a goal of June 30 for "reducing the imbalance," with the following steps being taken this year: Review unspent funds set aside in the budget Freeze nonessential new positions and contracted services Increase participation in federal nutrition programs Conduct a study on transportation costs Review existing district contracts Seek additional reimbursements for highcost special education services Expand summer school participation And fully leverage state and federal grant opportunities to accelerate initiativesPlans for next fiscal year include reducing Central Services staffing."These decisions are not easy, Superintendent Brenda Cassellius said, but they reflect our unwavering commitment to putting students first, protecting classrooms, and ensuring the longterm well-being of Milwaukee Public Schools.The Committee on Strategic Planning and Budget will meet at 6:30 p.m. Tuesday with plans to discuss the fiscal year 2027 budget and the long-range facilities master plan.Its about time to watch on your time. Stream local news and weather 24/7 by searching for TMJ4 on your device.Available for download on Roku, Apple TV, Amazon Fire TV, and more.Report a typo or error // Submit a news tip
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