Evanston’s School District 65 plans to spend 6.2 percent more next year. The budget figures are scheduled to be reviewed at a Finance Committee meeting tonight.
The draft tentative budget for the 2018-19 school year projects revenue of $140.1 million, 3 percent less than this year, while spending will rise to $135.6 million.
The administration says the revenue decrease comes because the first two years of revenue from the voter-approved tax referendum weren’t received until this year.
The spending increase the result of contractual salary increases, new positions added to the budget, the high cost of special education tuition and capital expenditures carried forward from this year.
The district’s spending this year came in about $2.8 million under budget, mostly because the district deferred payment on some capital spending.
The district expects to have an operating surplus of $4.9 million next year which will be added to reserves that now total $44.4 million.
The district is trying to build up its reserves now in the expectation that it will face a “structural deficit,” starting in the 2020-21 school year.
The finance committee is also expected to review the district’s $2 million technology purchases, which includes 1,335 iPads for the middle school 1:1 initiative, replacement of failing Acer Chromebooks, replacement of classroom projectors and networking and wireless upgrades.
The meeting will be held at 7 p.m. at the Hill Education Center, 1500 McDaniel Ave.