District Budget & Financial Information
 

School Districts in Wisconsin are audited annually. School District fiscal years run from July 1 through June 30^th. Audits are conducted in the summer & fall months after the fiscal year is closed and due to the Department of Public Instruction by mid-December. The district’s most recently completed audit is linked below.

2024-25 Annual Financial Report

The proposed annual budget is typically presented to the school board in May or June in preparation for the annual Budget Hearing and Annual Meeting. The initial proposed budget provides the best estimates at the time of adoption of the resources and costs of the activities of the school district for the ensuing months of the school year. If changes are needed, state statute prescribes a method for amending the original budget.

2025-2026 Budget Publication
2025-2026 Detailed Budget for Annual Meeting & Budget Hearing

After the School Board reviews the proposed budget, a Budget Hearing and Annual Meeting is held for the district's electors. The proposed budget and tax levy information is published in the Marion City Hall, Premier Community Bank, Big Falls Post Office and Caroline Post Office as well as the Marion Advertiser along with a notice of the budget hearing and annual meeting. Marion holds its Budget Hearing and Annual Meeting on the 4th Monday in July. 

2025-26 Annual Meeting Handout
2025-2026 Detailed Budget for Annual Meeting & Budget Hearing
2025-26 Historical Tax Levy & Mill Rate Chart - DPI Updates Annually in December
2025-26 Budget Hearing & Annual Meeting Presentation
2025-26 Annual Meeting Minutes

In October, the State of Wisconsin certifies state aid and districts are required to calculate a tax levy that is sufficient to operate and maintain the schools for the year If the tax voted at the annual meeting is not sufficient, the school board shall raise the tax. The board may lower the tax if the amount determined exceeds requirements. In all cases, the school board shall ensure that the tax levy remains at or below the revenue limit. The school board approves the final levy at a board meeting in late October based on the revenue limit worksheet provided by the State.

2025-26 Original Budget – Detailed
2025-26 Original Budget – Publication Format
2025-26 Department of Revenue Fall Tax Apportionment Values
2025-26 October 15th State Aid Certification
2025-26 Tax Levy and Revenue Limit Worksheet
2025 Equalized Value & Tax Levy Information
2025-26 10-Year Capital Improvements Plan

As the year progresses, there may be a need to change appropriations and purposes from what was originally adopted in the budget.  These can be due to changes in pupil counts, student needs, staffing changes, special projects, state aids and grants, or other unanticipated revenues or expenditures that come in throughout the year. When changes are needed, budget amendments are proposed to the school board and can be passed with a 2/3 majority vote of the board. Marion typically presents proposed amendments to the school board in December or January and June.

2025-26 Budget Amendment Detail – March 23, 2026
2025-26 Budget Amendment Publication – March 23, 2026