The Evanston School District 65 administration has scheduled three meetings on Sept. 4, 5 and 6 to present the budget for the 2018-19 school year to the community.
The meetings will be held:
- Tuesday, Sept. 4, at Chute Auditorium, 1400 Oakton St., from 6:30 to 8 p.m.
- Wednesday, Sept. 5, at Haven Auditorium, 2417 Prairie Ave, from 6:30 to 8 p.m.
- Thursday, Sept. 6, at Fleetwood-Jourdain Community Center, 1655 Foster St., from 6:30 to 8 p.m.
The tentative budget for FY19, projected to be four percent higher than the budget for FY18 and seven percent higher than actual spending for the school year, was presented to the full school board at its meeting last night.
The budget for the coming school year includes revenue of $14.5 million in operating funds from the referendum passed in 2017 and anticipates a surplus of about $4.5 million for the year, which will be added to the operating fund balance.
However, financial projections for FY19 through FY25 indicate that the rate of spending will increase faster than the rate of revenue and the district will have used up the referendum money by the 2024-25 school year.
Kathy Zalewski, district 65 business manager, noted that the district will need to review policies and find ways to reduce expenditures to match revenues to eliminate the structural deficit.
As he did at the finance committee meeting last week, board member Joseph Hailpern noted that reviewing programs to assess instructional value and making adjustments to the budget will be challenging and take time.
A public hearing and budget adoption by the board is scheduled for Sept. 24.
D65 board to consider how to cut future budgets (8/14/2018)