The total budget for FY21 is set at $29.3 million which is a 2.8% increase over FY20 actual budget. The current budget allocates $500,000 towards contingencies. Dr. Kimberly Arakelian, the Assistant Superintendent for Finance and Operations, reported to the Board that this year there will be operational considerations and budget implications related to COVID-19. We anticipate that these budget expenditures will cause the District to expend approximately $731,000 from the fund balance reserves for this year.
A copy of the tentative budget is available for inspection at the District 27 offices, 1250 Sanders Road, through September 17th. A public hearing will be held on September 3rd, followed by adoption of the budget on September 17th.
Approval of State Required Framework for E-learning
The Board of Education approved the framework for E-learning that is required by the State of Illinois. This document must be approved by the State should the District conduct any remote learning.