RICHMOND SCHOOL DISTRICT Budget Hearing Meeting Minutes 8/25/2025 6:00 p.m. I. Call to order Chris Fogel called the meeting to order at 6:00 pm. Jeanne Siegenthaler noted that the meeting was properly posted. II. Introduction of People Present Chris Fogel - Board President and district resident Jennifer Miller-Board Treasurer and district resident Travis Suss- Board Vice President and district resident Matthew Krasucki-Board Member and district resident Jennifer Sevcik- District Administrative Assistant and non-resident Jeanne Siegenthaler-District Administrator and non-Resident Zach Daniels - District Business Manager, non-resident Pat Antony - Non-Resident Dennis Kruse - Non-Resident Jennifer Sprinkman- Employee and Non-Resident Mary Fallon - District resident Amanda Feiker- Employee and non-resident Laura Bradin-Resident and former Board Member-late arrival at 6:04 PM III. Presentation – District Administrator and Business Manager Business Manager Zach Daniels. presented an overview of the proposed 2025-26 Richmond School budget. Our General Fund (10) budget is projected to be balanced. The district remains debt free. Fund 80 is new for 25-26 and will be used for our after school athletic programming. We are contributing $22,500—through a combination of Fund 10 transfer and interest earnings—to Fund 46 to offset future capital projects. The total proposed tax levy is projected to be up 16.16% from $2,196,100 to $2,550,883 with an anticipated mill rate increase of 9.6%. The tax levy and mill rate will be finalized at the October 27, 2025 Board Meeting. IV. Public Comments/Discussion Regarding Budget Non-resident Pat Antony questioned fund balances that may be restricted and/or unrestricted along with the projection of Open enrolling-out students increasing. Non-resident Dennis Kruse asked a question regarding Fund 27 and special education, noticing an increase in our budget in regards to Fund 27 and working with other districts to share special education costs? Dr. Siegenthaler answered that individual transportation is needed for individual students, non-verbal student increase, more needs with students. The addition of staff due to the dietary needs of students. Vice President Travis Suss asked which variables are most likely to shift? Enrollment counts, mill rate, property values and how that impacts our revenue limit? Open enrollment students versus resident students along with equalization aid. No one thing will have the most impact. V. Summary Before Annual Meeting – Board President Chris Fogel Board President Chris Fogel thanked the Administration and Zach Daniels for their hard work to prepare the budget presentation and summarized the meeting. VI. Approval of Budget Hearing Minutes Board President Chris Fogel read back the minutes of the meeting and motioned to approve the Budget Hearing minutes as presented. Jennifer Miller seconded. District residents voted all ayes, motion carried 6-0. VII. Adjourn for Annual Meeting Jennifer Miller motioned to adjourn the Budget Hearing meeting at 6:32pm. Travis seconded. All ayes, motion carried 6-0. Respectfully submitted by Jennifer Sevcik, Recording Secretary WNAXLP September 10 2025 LWIX0361666