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Meeting Date:
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9/8/2021 - 7:00 PM
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Category:
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Action Items
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Type:
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Action
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Subject:
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Approval of Resolution to Adopt the 2021-2022 Budget
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Vision 2026:
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Financial & Facilities Management 1 Continue to ensure a balanced budget that builds and maintains a fund balance that meets Board policy.
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Background
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The Illinois School Code, ch. 105, ILCS 5/17-1, requires the Board of Education to adopt an annual budget within the first quarter of each fiscal year (by September 30). A 30-day public inspection period and a public hearing must precede the budget adoption. The 2021-22 tentative budget has been available for public inspection since July 14, 2021, and a public hearing was held on August 18, 2021.
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File Attachment:
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Summary:
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The final 2021-2022 Budget document to be filed with the Illinois State Board of Education (ISBE) and Regional Office Of Education is attached to this report. The ISBE Budget Form includes the TRS on-behalf payments made by the state and the activity accounts as now required. Changes from the Tentative Budget will be reviewed with the Board at the meeting. The 2021-2022 operating budget is balanced.
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Funding:
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Board Policy
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4:10 Fiscal and Business Management
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Recommendation:
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It is recommended that the Board approve the attached resolution to adopt the final 2021-2022 Budget as presented.
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Approvals:
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Recommended By:
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Signed By:
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Brian O'Keeffe - Asst Superintendent Business Services
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Signed By:
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Jeff Schuler - Superintendent
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Vote Results:
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| Original Motion | | Member Rob Hanlon Moved, Member Susan Booton seconded to approve the Original motion 'It is recommended that the Board approve the attached resolution to adopt the final 2021-2022 Budget as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion CARRIED 7 - 0 | | | | | Brad Paulsen | Yes | | Chris Crabtree | Yes | | Rob Hanlon | Yes | | Susan Booton | Yes | | Dave Long | Yes | | Mary Yeboah | Yes | | Angela Blatner | Yes | |
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