Muskego-Norway wants to get into the ...

Muskego-Norway wants to get into the loan business

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lake s

Germantown, WI

#1 Mar 14, 2010
I am confused. Back in August 2009, the following article indicated that the School Board was operating at a DEFICIT, BUT NOW WE HAVE ENOUGH MONEY TO LEND TO OTHER SCHOOL DISTRICT. I agree with the School Board Memebers who OPPOSE BECOMING A BANK. HOW ABOUT GIVING THESE "SURPLUS" FUNDS TO THE TAXPAYERS AS A TAX REDUCTION INSTEAD OF WORRYING ABOUT "HOW MUCH INTEREST THE SCHOOL BOARD IS EARNING ON THIS MONEY"?

Please read both of the excerpts below so you can find the full articles in the online MUSKEGO NOW.

Fund balance tapped to relieve Muskego-Norway levy
By JANE FORD-STEWART
Posted: Aug. 5, 2009
Muskego — In the face of losing $1.6 million in state aid, the Muskego-Norway School Board Monday started paring down its 2009-10 budget and levy.
The board cut more than $1 million from the proposed levy mostly by using part of the fund balance to make debt payments over the next four years until one portion of the debt is paid off. That would save an estimated $925,000, officials said.
Using the fund balance was largely how the board kept the levy increase to an estimated 2.8 or 2.9 percent over this year's levy of $31.9 million.

AND

Muskego-Norway wants to get into the loan business
Excess fund balance could earn more in short-term market
By JANE FORD-STEWART

Posted: March 8, 2010

Muskego — School officials are considering getting into the short-term loan business to improve the investment return on the district's large fund balance. Under the proposed plan, the Muskego-Norway School District would lend money to other districts or municipalities until property tax revenue is received.

Loaning money to schools and municipalities is not unprecedented. For two years, the city of Brookfield has lent money to the Elmbrook School District for operations at the end of the calendar year. It is considered a win-win for both entities because the lender gets higher returns on its funds and the loan recipient pays lower than market rates on the borrowed funds.(CONT.)

WHAT DO OTHERS THINK?
Muskego Resident

Brookfield, WI

#2 Mar 16, 2010
Not anymore:

http://www.mymuskegonow.com/communitywatch/87...

and getting rid of some teachers:

http://www.mymuskegonow.com/communitywatch/87...

and the school board candidates want to slow the building plans down?:

http://www.mymuskegonow.com/news/87795477.htm...

and 4k is still a go:

http://www.mymuskegonow.com/news/87795657.htm...

Alot is going on in the district
lake s

Germantown, WI

#3 Mar 16, 2010
Muskego Resident:

I'm not sure what your post is supposed to mean, but the headline I refered to is :

"Muskego-Norway wants to get into the loan business
Excess fund balance could earn more in short-term market
By JANE FORD-STEWART"

was posted on the MuskegoNOW website WITHIN THE PAST WEEK. Either the reporter got things all wrong, OR THERE IS A SURPLUS RIGHT NOW.

Posted: March 8, 2010
Muskego resident

Dallas, TX

#4 Mar 16, 2010
Follow the links - now they are not loaning money, and they are cutting teachers, and talking about slowing the school building

articles post yesterday and today
Deputy Doug

Milwaukee, WI

#5 Mar 16, 2010
Oh yes, it is election time. Time to sound like a conservative. Otherwise, it is spend, spend and spend. Read my posting from the TEA party convention last weekend.
Deputy Doug

Milwaukee, WI

#6 Mar 16, 2010
Scholz again. Seems the most honest of the 3.
Deputy Doug

Milwaukee, WI

#7 Mar 16, 2010
Resolution 09/10/26 - 10-A (2)– 2009-10 Tax Levy Certification
Motion – Lisa Warwick moved, Rick Petfalski seconded to approve a tax for General District
Operations in the amount of $29,239,021, for Debt Service in the amount of $3,482,924, and for
Community Service in the amount of $85,457 for a Total Combined Amount of $32,807,402 to
be levied on all property, real and personal, which is taxable under state tax laws, within the
Muskego-Norway School District for the purpose of financing the operations of the public
schools of the school district for the year 2009-10

Discussion 07/10/22 - 12-A – 2007-08 Tax Levy Certification
Voting Aye: Jim Schaefer, Mark Waltz, Paul Oman, Eric Schroeder, Rick Petfalski, Brett Hyde,
and Lisa Warwick. Motion unanimously carried.

In the last 3 years the current School Board voted in favor of raising our taxes.
Histories Mysteries

United States

#8 Mar 16, 2010
Yeah Eric Schroeder, what a liberal.
Angry Muskego Taxpayer

Germantown, WI

#9 Mar 16, 2010
If I understand the most recent School Board action, the Board 'was not comfortable acting as a bank".

The article still seems to say that the Muskego Norway School District has MORE MONEY THAN IT NEEDS.

The article about ELIMINATING TEACHERS WAS DUE TO FALLING ENROLLMENT.

Based on these 2 news stories, it sounds like we should be able to EXPECT A REDUCTION IN SCHOOL TAXES. What am I missing?
Former Board Member

United States

#10 Mar 16, 2010
FYI,

The Tax Levy Certification is just the Board certifying what the public voted for at the annual meeting. I happen to know that not all of these board members voted "aye" at the actual annual meeting vote where you the public decides to accept or reject for a vote.

Thank You
Deputy Doug

Milwaukee, WI

#11 Mar 16, 2010
One candidate votes for a 70 million dollars of building but now during election time. He claims different and says this is not the time to build. It was just last month he voted in favor of building 70 million dollars worth of schools.

What changed?

Did the economy get worse in the last month?



If your a liberal be proud of being a liberal. Do not pretend you are not during election time.
Mike in the bay

Milwaukee, WI

#12 Mar 16, 2010
It is weird how I never heard him talk about curbing school construction until now.

I hope he not blowing smoke up our butts.

Scholz does seem to be more on the up and up.
Roscoe

Milwaukee, WI

#13 Mar 17, 2010
Sounds like another smoke job.
Moose Bob

Milwaukee, WI

#14 Mar 17, 2010
I am jumping in on this topic.

More like another smoke job but I am willing to see what he does at the next School Board meeting before the election.

Scholz has my vote. I am still undecided about my other vote. They both are nice guys but I am sick of the political double talk.

I think we need to see what happens at the next meeting.

Deputy Doug people can change. I know in politics they usually do not and here in Muskego it is normal politics to tell the voter one thing then vote the other. Some have a history of saying one thing and doing the other.

I am hoping the talk is not cheap.

Rick Petfalski

Milwaukee, WI

#15 Mar 17, 2010
Deputy Doug wrote:
One candidate votes for a 70 million dollars of building but now during election time. He claims different and says this is not the time to build. It was just last month he voted in favor of building 70 million dollars worth of schools.
What changed?
Did the economy get worse in the last month?
If your a liberal be proud of being a liberal. Do not pretend you are not during election time.
I assume you are referring to me, but I just want to be clear - I never have supported putting forward a 50, 60 or now stated 70 million dollar building project. At this point no one has from the school board. What we did put forward was a list of all projects that COULD use attention. We then asked for input from the community for their thoughts to figure out which direction if any the board should bring forward. In the end if anything is brought forward, it will be you the public deciding.

Yes it is a election time, but all that means is I need to point out what I believe is the right thing to do for the people I represent and how I have voted in the past. I am always happy to speak to anyone about any issue regarding our schools, how I feel about it, and how I can best represent the voters. This is encouraged all the time, not just during the election cycles. If you would indulge me for a moment I would like to remind you of a number of things that I supported:

• Being one of only two board members to vote to return all of the un-used portion of the funds from the high school project to the taxpayers. The rest of the board only agreed to return the extra after the old district administration used those funds to place TV's in the high school.

• Eric Schroeder & I were the only two who have been arguing for years to not tax to the allowable maximum. This year was the first year we were successful in getting the rest of the board to agree. Muskego-Norway was one of only a handful statewide not to tax to the maximum.

• Have voted to use YOUR districts fund balance to lessen impact on local property tax payers over the years. This was done in a responsible manner for capital projects or in this years case to pay off debit service that would normally come from the operating budget.

I'm sure there are votes over the years that some people would disagree with or ones that I wish I would have voted the other way, but that is why I encourage people to contact me to let me know how they feel about the issues.

This forum is one way to gather those opinions, but face to face or over the phone is the best way. Feel free to contact me anytime - [email protected] Even if you aren't going to vote for me on April 6th, please remember to vote. I would appreciate your vote.

Rick
Marilyn

Milwaukee, WI

#16 Mar 17, 2010
I am also new here and I was told the debate was getting interesting. I respect your response. I just have one question.

Did you ever state in any meetings regarding "the list of projects that could use attention." You felt this was not the time to begin these projects. Ever, one time, before the forum, ever state in a School Board meeting this on the record?

Just a yes or no will be suffice.
Rick Petfalski

Milwaukee, WI

#17 Mar 17, 2010
Marilyn,

Yes, at the community forums to individuals who spoke to me and board work at sessions, which were all public meetings. The Board has just now scheduled work sessions to discuss the input we've received so far and our thoughts going forward. These meeting are public.

Thanks!
Angry Muskego Taxpayer

Germantown, WI

#18 Mar 17, 2010
HERE IS ANOTHER NEWS ARTICLE TO GO WITH THE "HALF OF KANSAS CITY SCHOOLS ARTICLES ON THE "MUSKEGO SCHOOL BOARD WANTS TO SPEND $65 MILLION" THREAD BELOW:

"

44 of 172 Detroit schools slated to close in June
Published - Mar 17 2010 11:23AM CST

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PrintAAASingle Page ViewDETROIT— The emergency financial manager for Detroit Public Schools says more than a quarter of the district's schools will close in June as it struggles with budget issues and declining enrollment.

Robert Bobb announced the closures of 44 of the district's 172 schools Wednesday as part of a proposed five-year plan to create a leaner district.

Six more schools are slated to close in June 2011, and seven more a year later. Many current programs will be moved to other buildings. Bond money would be used to build new schools in targeted neighborhoods.

The closures are in addition to the shuttering of 29 schools before last fall. The nearly 88,000-student district faces a deficit of at least $219 million. Full-time enrollment is projected to drop to about 56,000 by 2015."
Marilyn

Milwaukee, WI

#19 Mar 17, 2010
Where can I find your public protest in the minutes?

When will they be posted?

My husband was at one of the meetings. He does not recall you stating your concern for the taxpayer. Was you concerns voiced while the meeting was in session?

Based on your comment why did you vote to move the projects forward since you are/were concerned about the cost?
Rick Petfalski

Milwaukee, WI

#22 Mar 18, 2010
"Based on your comment why did you vote to move the projects forward since you are/were concerned about the cost?"

The projects have not been moved forward and a vote has not been taken to do so yet. We only had discussions on which buildings could use upgrading or replacement, put together a few scenarios as a basis to start conversation and gage public views of needs vs wants.

Remember ultimately you to voters decide if anything moves forward via referendum.

Thanks for the questions.

Rick

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