Business Services

The primary responsibilities of the Business Office include accounting and financial reporting, facilities, insurance and risk management, payroll, audit and budget, and financial planning, among others. Several information resources and contacts are posted at the bottom of this page. If you cannot locate the information you seek, please contact my office for assistance.

We sincerely appreciate the financial effort extended by our community to support the District. We attempt to demonstrate our appreciation each day by working diligently to develop great schools and great students while using resources wisely.

Director of Business Services
Beth Sheridan

Accounting Manager
Mitzi Cass
Main Fax:  262-560-2103

Internal Auditor/Accountant
Pam Seibel
Main Fax:  262-560-2103

Accounts Payable Specialist/Accounting Analyst
Kristin Woodard
Fax: 262-560-2102

Payroll Specialist
Stephanie Drew
(Teacher, Sub Teacher, Administrators)
Fax: 262-560-2102

Benefits and Wellness Specialist
Jennifer Johnson

Business Office/Payroll Administrative Asst.
Denise Koch (Paraprofessionals, Custodians, Admin Assistants, Extracurricular)
Fax: 262-560-2102


Request for Proposal (RFP)

Release Date: 
January 24, 2020

Deadline for Completed Sealed Proposals: 
March 4, 2020

Invitation to Submit Proposal for Food Service Management Company (FSMC)

Attachments for Request for Proposal (RFP)


Contracted Services

Financial Information

Budget Summary
2019-20 Budget and Tax Levy Update

General Fund expenditures must conform to available revenues to produce a balanced operating budget. The proposed budget is balanced, while incorporating key initiatives, through careful control of costs and strategic allocation of limited resources. This budget supports the instructional mission of the OASD as demonstrated by sustaining these key initiatives:

  • Achieving and maintaining low class sizes at the primary grade levels and math and language arts at the high school level.
  • Implementing automotive programming at OHS.
  • Reducing traveling teacher assignments.
  • Adding student services support through social worker and school counselor time.
  • Implementing expanded intervention services at the intermediate grade levels.
  • Supporting the reduction of OHS teacher overload assignments.
  • Continued funding for capital projects, the technology plan, and the curriculum adoption cycle.
  • Ensuring competitive compensation and benefit packages for staff.

Tax Levy
Increasing 4.30%. Four factors contribute to this change: (1) Revenue Limit exemptions, (2) modest expenditure increases, (3) $50 increase in revenue limit authority, and (4) the State aid assumption.

State Equalization Aid
Decreasing 15%. A 'worst case' yet realistic scenario is a 15% loss in Aid. This change was anticipated due to the impact of higher debt service costs related to the 2016 referendum. Decreasing aid puts greater pressure on the local property tax in the State-Local funding partnership.  

Mill Rate
Increasing 1.26%. An increase of 3% was used to estimate OASD's equalized tax base. OASD's tax base has grown each of the past five years at 5.7%, 3.0%, 3.1%, 4.5%, and 4.6% which is growth above the State average. Tax base growth helps to offset the increased tax levy.

Student Enrollment Growth
Decreasing FTE count .9%. This is a conservative enrollment estimate that assumes a decrease of 49 students (5,424 to 5,375). The 'three-year-rolling-average' membership decreases by 45 students to 5,491. This is the first time in over a decade that OASD has predicted a decrease in membership.
Third Friday September Count               

Budget Proposal

2019-2020 Budget Proposal (PDF)

2018 - 2019 Budget Proposal (PDF)

Budget Presentations
2019-2020 Board Budget Presentation (PDF)

2018 - 2019 Board Budget Presentation (PDF)

Budget Highlights

2019 - 2020 Budget At A Glance (PDF)

Financial Audit Report 

2018 - 2019 Audit Report (PDF)

Moody's Financial Bond Rating

Moody’s Investors Service has assigned an Aa2 rating to Oconomowoc Area School District,
WI’s $19.9 million General Obligation School Building and Improvement Bonds, Series 2018. Concurrently,
Moody’s maintains the Aa2 rating on the district’s outstanding general obligation unlimited
tax (GOULT) debt. Post-sale, the district will have $93.6 million of GOULT debt outstanding.
The Aa2 rating reflects the district’s sizeable tax base supported by above average income
levels and located within commuting distance of Milwaukee (Aa3 stable). The rating also
reflects the district's solid financial position, as well as its modest exposure to unfunded pension liabilities, and above average debt burden following issuance of voter approved debt.

The full report is available upon request.  Please contact the OASD Business Office.

Service Fund Levy Survey - DPI

Registration & Enrollment

915 E. Summit Avenue
Oconomowoc, WI 53066
Nondiscrimination: The Oconomowoc Area School District provides assurance that no student is discriminated against because of the student's sex, race, color, religion, national origin, ancestry, creed, pregnancy, marital or parental status, sexual orientation, or physical, mental, emotional, or learning disability.
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