The District 58 Board of Education held a Budget Workshop, as well as a Lester School tour and ribbon-cutting ceremony, on Monday, Aug. 27, 2018. View the agenda and presentation links. The meeting audio will be posted here.
Highlights from the meeting include:
Lester School Tour and Ribbon-cutting
The Board of Education took a tour of the new Lester School three-classroom addition and participated in a ceremonial ribbon-cutting to celebrate the construction project’s completion.
View this one-minute virtual tour of Lester School’s new addition.
Budget Workshop
Assistant Superintendent for Business Todd Drafall reviewed the District’s upcoming programming costs, summer facility projects, current and projected revenues, fund transfers and expenditures with the Board of Education during the Budget Workshop.
The tentative 2018-19 budget is balanced and includes $66.7 million in revenues and $66.0 million in expenditures. The majority of District 58 revenues come from local sources, with residential property taxes comprising 65 percent and non-residential property taxes comprising an additional 17 percent.
“District 58 receives a large portion of its revenues from local businesses and non-residential properties. This helps keep residential property owners’ tax burden down,” Drafall said.
The District’s most significant expenditures goes toward employee salaries and benefits.
The Board will hold a budget hearing on Monday, Sept. 17 at 7 p.m. at Village Hall. The Board is expected to vote on the final 2018-19 budget during the regular September Board business meeting, which will take place following the budget hearing.
View the Budget Workshop presentation.
District 58 Board of Education members are: Doug Purcell, president; Elizabeth Sigale, vice president; Kirat Doshi, Greg Harris, Darren Hughes, John Miller and Jill Samonte, with Dr. Kari Cremascoli, superintendent; and Melissa Jerves, board secretary.