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
Main Fax: 262-560-2103
Main Fax: 262-560-2103
Accounts Payable Specialist/Accounting Analyst
(Teacher, Sub Teacher, Administrators)
Benefits and Wellness Specialist
Business Office/Payroll Administrative Asst.
Denise Koch (Paraprofessionals, Custodians, Admin Assistants, Extracurricular)
January 24, 2020
Deadline for Completed Sealed Proposals:
March 4, 2020
2020-21 Budget Overview
The District’s budgetary financial framework is determined primarily by the State of Wisconsin’s budget. This is the second year of the State’s budget and many key variables should be solidified. Until recently, what appeared to be a stable and predictable budget building environment for 2020-21 is now neither stable nor predictable. The rapid deceleration of the state economy has caused a sharp downturn in state revenues. This trend is anticipated to continue. At the same time, there has also been an increased demand on State resources. There is much conversation at the State level of a future Budget Repair Bill. Until a clearer state financial picture emerges, district budget planners have been advised to exercise awareness and caution in developing their 2020-21 budgets. This budget supports the instructional mission of the OASD as demonstrated by sustaining these key initiatives:
- Pupil-to-teacher ratios which are appropriate for each grade level and which support a positive environment for learning.
- A Response to Intervention system that meets the needs of all learners and decreases the need for referral to special education.
- A commitment to Universal Design for Learning to support student learning styles and meet the needs of diverse learners.
- Consistent annual funding for curriculum materials, instructional technology, and staff development, all of which place OASD among the leading school districts in Wisconsin.
- A technology plan that continues to support a 1:1 student-to-device ratio in grades 3 through 12, 2:1 student-to-classroom device ratio in grades 1 through 2, and 5 iPads per classroom in grades 4K and 5K. The technology plan also provides reliable student access and use of mobile technology supported by OASD’s high-speed fiber network and wireless infrastructure.
- Coaching and mentoring services to support OASD’s Universal Design for Learning curriculum delivery approach and instructional technology plan.
- Students’ social-emotional well-being is supported through continued community partnerships with GALS Institute and Family Services of Waukesha, a Student and Family Assistance Program (SFAP), and increased social worker presence at the intermediate levels.
- Expanded support for Achievement Via Individual Determination (AVID) at OHS.
- A Dean of Students role at the intermediate schools to work collaboratively with building leaders to ensure all students have opportunities to achieve at high levels academically, socially, and emotionally. The Dean of Students will (1) assist with the daily operation of the school with an emphasis on Restorative Justice and Positive Behavioral Interventions and Supports (PBIS); (2) provide leadership and be a resource for the Student Services Team in providing a data driven Multi-Level System of Support (MLSS); and (3) promote an inclusive learning community that supports social interaction, active engagement in learning and self-motivation.
- A commitment to facility preventative maintenance, renovation, infrastructure improvements, and long-term capital project funding.
- A sustainable educators’ salary model that provides competitive compensation and attracts and retains OASD’s high-quality certified staff.
- Competitive salaries and wages for all employee groups.
2019-2020 Board Budget Presentation (PDF)
Financial Audit Report
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.