At the September 26, 2016 Board of Education meeting, the Board took the following actions:
Accepted the recommendations outlined in the board packet and made a motion to approve the following items in a consent agenda:
- Personnel: Appointments, Leaves, Retirements, and Separations.
- Approval of Board of Education Meeting Minutes (August 2016)
- Regular Board Meeting Minutes (August 2016)
- Working Board/Finance Committee Meeting Minutes (August 2016)
- Policy Committee Meeting Minutes (April 2016)
- Approval of Recommended Policy Amendments
- 2:70 Vacancies on the School Board - Filling Vacancies
- 6:100 Using Animals in the Educational Program
- 7:340 Student Records
- 8:90 Parent Organizations and Booster Clubs
- 8:110 Public Suggestions and Concerns
- 2:10 School District Governance
- 4:80 Accounting and Audits
- Destruction of Closed Session Audio Recording (July 2014)
- School Treasurer's Report (July 2016)
- List of Bills (July 2016)
- Budget Amendment (July 2016)
- Special Purpose Treasurers' Bond
- Application for Recognition of Schools
- Gift Acceptance: Dewey and Districtwide
Adoption of 2016-2017 District 65 and Joint Agreement Final Budgets - In December 2015, the Board approved the Budget Calendar for Fiscal Year 2016-2017. According to the approved calendar, the Board was presented with the Tentative Budget for FY17 at its August board meeting. The notice for display of the Tentative Budget and Public Hearing was published on August 25, 2016. As required by Illinois School Code, a public hearing on the tentative budgets was held at the beginning of the meeting.
Operating revenues for FY17 total $114,294,379 and operating expenditures total $114,221,212 resulting in a surplus of $73,167. Although the FY17 budget is balanced, large multimillion dollar operating deficits are projected for FY18 and beyond. Strategies implemented this school year to balance the budget included intentional non-personnel budget reductions and efficiencies, as well as prepayments. However, these strategies will not be sufficient to balance future large deficits.
The Board approved the adoption of the final 2016-2017 budget including aggregate expenses for the operation of Park School. The annual budget will be filed with the Office of the Cook County Clerk within 30 days of the adoption.
