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Meeting Date:
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5/8/2025 - 6:30 PM
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Category:
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Action Item
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Type:
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Action
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Subject:
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Approval of the Resolution Adopting the Amended FY25 Budget
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Vision 2026:
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Operational Excellence Strategies 2 Maintain strong fiscal health of the organization.
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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). The FY25 budget was approved by the Board of Education on September 11, 2024.
An Amended Budget must follow the same process as the Original Budget. A 30-day public inspection period and a public hearing must precede the budget adoption. The FY25 Tentative Amended Budget has been available for public inspection since March 12, 2025 and a public hearing will be held on May 8, 2025.
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File Attachment:
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Summary:
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The FY25 Amended 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 activity accounts as now required. Changes from the Tentative Amended Budget will be reviewed with the Board at the meeting. The operating budget is balanced as required.
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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 Amended FY25 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 Dave Long Moved, Member Erik Hjerpe seconded to approve the Original motion 'It is recommended that the Board approve the attached resolution to adopt the Amended FY25 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 | | Rob Hanlon | Yes | | Dave Long | Yes | | Angela Blatner | Yes | | Julie Kulovits | Yes | | Erik Hjerpe | Yes | | John Rutledge | Yes | |
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