The Superintendent is responsible for the School District’s fiscal and business management. This responsibility includes preparing and presenting the District’s Annual Statement of Affairs report to the Board and publishing it before December 1, as required by state law.
The Superintendent shall ensure the efficient and cost-effective operation of the District’s business management using computers, computer software, data management, communications systems, and electronic networks, including electronic mail, the Internet and security systems. Each person using the District’s electronic network shall complete an Authorization for Electronic Network Access.
The District’s fiscal year begins July 1 and continues through June 30. The Superintendent or designee shall present to the Board, no later than the first regular meeting in August, a tentative budget with appropriate explanation. This budget shall represent the culmination of an ongoing process of planning for the fiscal support needed for the District’s educational program. The District’s budget shall be entered upon the Illinois State Board of Education’s (ISBE) “School District Budget Form.” To the extent possible, the tentative budget shall be balanced as defined by ISBE guidelines. The Superintendent shall complete a tentative deficit reduction plan if one is required by the ISBE guidelines.
After receiving the Superintendent’s proposed budget, the Board shall set the date, place, and times for a public hearing on the proposed budget, and the proposed budget to be available to the public for inspection.
The Board Secretary shall arrange to publish a notice in a local newspaper stating the date, place, and time of the proposed budget’s availability for public inspection and the public hearing. The proposed budget shall be available for public inspection at least 30 days before the time of the budget hearing.
At the public hearing, the proposed budget shall be reviewed including the cash reserve balance of all funds held by the District related to its operational levy and, if applicable, any obligations secured by those funds, and the public shall be invited to comment, question, or advise the Board.
The Board adopts a budget before the end of the first quarter of each fiscal year (September 30), or by such alternative procedure as state law may define. To the extent possible, the budget shall be balanced as defined by ISBE. If not balanced, the Board will adopt a deficit reduction plan to balance the District’s budget within three years according to ISBE requirements.
The Board adopts a budget by roll call vote. The budget resolution shall be incorporated into the meeting’s official minutes. Board members’ names voting yea and nay shall be recorded in the minutes.
The Superintendent or designee shall perform each of the following:
Any amendments to the budget or certificate of tax levy shall be made as provided in The School Code and Truth in Taxation Act.
The Board may amend the budget by the same procedure as provided for in the original adoption.
The Superintendent or designee shall implement the District’s budget and provide the Board with a monthly financial report that includes all deficit fund balances. The amount budgeted as the expenditure in each fund is the maximum amount that may be expended for that category, except when a transfer of funds is authorized by the Board.
The Board shall act on:
Adopted: September 8, 1997 Revised: July 18, 2011; December 17, 2018; February 28, 2022; April 24, 2023; February 26, 2024