Agenda Item
Meeting Date:
7/12/2023 - 7:00 PM  
Category:
Action Items  
Type:
Action  
Subject:
Approval to Post the Tentative Budget & Set the Public Hearing on the Fiscal Year 2024 Budget  
Vision 2026:
Operational Excellence Strategies 2
Maintain strong fiscal health of the organization.
 
Policy:
 
Background:
Section 17-1 of the School Code requires boards of education to adopt an annual school district budget before or during the first quarter of each fiscal year (by September 30). Prior to adoption, the Board must make a tentative budget available for inspection by the public for at least 30 days. Additionally, a public hearing regarding the budget must be conducted.  
File Attachment:
Public Notice 2023 July 13.pdf
Tentative Budget Booklet FY24 rev.pdf
FY24 Tentative Budget Posting Presentation 07.12.23.pdf
 
Summary:
The Tentative Budget for posting is attached to this report. Staff will provide background on the FY24 Tentative Budget for the 2023-24 school year. The Tentative Budget will be made available for inspection by the public at the School Service Center and also will be posted on the District website.

A public notice (attached) regarding the availability of the Tentative Budget for inspection will be published in the Daily Herald newspaper, which has a circulation within the local communities. The Public Notice will also include the date of the Public Hearing, which will be held at 7:00 p.m. on Wednesday, August 16, 2023 at The School Service Center, 130 West Park Avenue, Wheaton, Illinois 60189.
 
Funding:
 
Board Policy:
4:10 Fiscal and Business Management  
Recommendation
It is recommended that the Board of Education post the Tentative Budget for Fiscal Year 2024, and set the Public Hearing for said Budget on Wednesday, August 16, 2023 at 7:00 pm at The School Service Center, 130 West Park Avenue, Wheaton, Illinois 60189.  
Approvals:
Recommended By:
Signed By:
Brian O'Keeffe - Asst Superintendent Business Services
Signed By:  
Jeff Schuler - Superintendent
 
Vote Results:

Original Motion
Member Brad Paulsen Moved, Member Erik Hjerpe seconded to approve the Original motion 'It is recommended that the Board of Education post the Tentative Budget for Fiscal Year 2024, and set the Public Hearing for said Budget on Wednesday, August 16, 2023 at 7:00 pm at The School Service Center, 130 West Park Avenue, Wheaton, Illinois 60189.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Brad Paulsen     Yes
Rob Hanlon     Yes
Dave Long     Yes
Angela Blatner     Yes
Julie Kulovits     Yes
Erik Hjerpe     Yes
John Rutledge     Yes