Madison School Board reviews multi-million dollar budget plan

The Madison Metropolitan School District Board reviewed the almost $373 million budget proposed by Superintendent Dan Nerad on Monday night.

If the superintendent’s budget is approved, Madison property taxes could increase more than 4 percent — about a $100 tax increase on the average home in Madison.

The estimate doesn’t include a proposed $12.4 million put aside to help the achievement gap in Madison schools.

The budget already poses an estimated $12.4 million deficit.

“The superintendent has said they’re basically not cutting anything, they’re moving everything forward and they’ll be making additional recommendations,” said Arlene Silveira, of the MMSD Board of Education. “So, the key really is, as board members, how do you balance the needs of the school and the needs of the taxpayers in the community?”

The board also agreed to vote in the coming weeks on hiring an analyst to help find a new superintendent who will work compatibly with the school board.

Some of the ways the school board could balance the budge include changes to health insurance savings and refinancing, said Silveira.

The board also agreed to vote in the coming weeks on hiring an analyst to help find a new superintendent who will work compatibly with the school board.

Three weeks ago, Nerad announced he was retiring from his position. The next day, he said he was in the running to be the next superintendent in Omaha, Neb., but he didn’t get that position.