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Hot Topics > School finance
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Early education takes biggest hit from school budget Education advocates, especially those who deal with Illinois' youngest residents, are trying to figure out how to cope with millions of dollars in spending cuts that the State Board of Education grudgingly approved a few days ago. Read more... Grayslake schools say let voters decide on sales tax Another school district is on board with the idea of letting voters decide whether to approve a Lake County sales tax increase to help pay for construction-related expenses. Read more... District OKs plan to cool schools Air-conditioning systems to cost $75M to install Read more... Bill for 2 new high schools, 6 elementaries: $455 mil. CHICAGO PUBLIC SCHOOLS | Board, commission expected to OK plans today Read more... Daley: Use TIFs to make schools accessible 'ILLEGAL' | Council panel OKs plan, but aldermen voice displeasure Read more... Unit 5 sells $10 million in local bonds The Unit 5 school district took advantage of the local market in a way that it has not done before when it sold bonds for the $96.7 million building project approved in a Feb. 5 referendum, officials said. Read more... 5 Southland districts on financial watch list Cutting staff, programs usually is necessary to recover Read more... State Senate approves funds for special education More than 250 schools statewide would divide $21 million this spring under a proposal the Illinois Senate approved Thursday to restore special education program funds caught up in last year's budget stalemate Read more... Rockford schools among several receiving library grants A $21,094 grant from the Illinois secretary of state's office will augment library services in the Rockford School District. Read more... Belvidere residents voice concerns over school-tax plan Two experts were unable to attend a meeting Thursday set to explain the proposal. Read more... SD159 officials hopeful voters will OK tax hike Knowing they can't always get what they want, Elementary School District 159 officials are hoping they can get what they need on Feb. 5. Read more... W. Aurora school district to lower debt Looking to save more than $2.5 million, West Aurora School District 129 will refinance some of its debts next month. Read more... Schools get expected extra aid payments District 158 will receive a $500,000 fast-growth grant and its full share of state aid for the current school year, officials learned last week. Read more... D-158 considers ending forensic audit HUNTLEY – The $64,000 question in District 158 has received a clear answer after an 18-month forensic audit, district leaders said Wednesday. Read more... Hononegah board OKs $5,800 for land-use study Two months from now, officials in the fast-growing Hononegah School District should have a much better idea of the changes they'll need to make to meet future growth needs, including a second high school Read more... Howard Tullman provides business lesson in running for-profit schools Howard Tullman making money while providing educational opportunities Read more... Tri-valley schools lowering tax rate For the fourth year in a row, the Tri-Valley school district has decreased its tax rate Read more... Indictment may hamper school funding Monday's indictment of Gov. Rod Blagojevich's chief campaign fundraiser on federal tax fraud charges may have a negative impact on local school funding. Read more... Decatur School Board sets slight property tax increase to cover retirement fund costs The Decatur school board approved a property tax rate of $4.35 per $100 equalized assessed valuation at its meeting Tuesday. Read more... Board finalizes budget District 300's three high schools will have department chairmen for the major subjects after the school board approved the final piece of this year's budget earlier this week. Read more... Dist. 204 can't afford Metea site Indian Prairie Unit District 204 cannot afford to build Metea Valley High School on the Brach-Brodie site as planned, the school board said Thursday. It is now asking the court for a new trial in hopes of getting... Read more... Safety-related improvements in store for Unit 5 buildings NORMAL - The Unit 5 school district is taking advantage of a "window of opportunity" to divert some money into improvements on buildings, such as a bus garage and the district offices, not used by students. The school board has approved a 10-year plan to spend... Read more... Delay raises pay for outgoing U-46 superintendent The retirement deal for outgoing Elgin Area School District U-46 Superintendent Connie Neale will allow her to reap the maximum benefit from her state pension by waiving a clause in her contract that would have allowed the board to fire her for excessive absence. Read more... MAPLE PARK: District credit cards get board approval Board members voted to join the Procurement Card system run by the Illinois Association of School Business Officials. The district will distribute procurement cards to employees who buy school supplies and equipment on a regular basis. Read more... Dist. 87 plans lower fees for '08 Two student fees in Glenbard High School District 87 likely will drop again next year, two years after they reached an all-time high. Read more... Schools want pay hike for off-duty cops A flat rate of $30 hourly is being considered. ROCKFORD - Rockford School Board members tonight will consider a pay raise for off-duty police officers working at schools. Read more... Dist. 211: Salary demand too much Palatine-Schaumburg High School District 211 Superintendent Roger Thornton says raising teacher base pay more than 2.5 percent this year would be reckless.Union President John Braglia says the district isn't negotiating... Read more... Schools look at deficit spending CARY – District 26 administrators are looking for ways to cut about $3 million from expenses this year to meet 2007-08 budget figures that, if achieved, would reverse the district's trend of deficit spending. Read more... Mattoon school board to eye tax request MATTOON - Suggestions aside, don't expect balloons to be floated at tonight's school board meeting. While administrators used to prepare an inflated "balloon levy" for the school district's formal request for property tax revenue, a change to the Property Tax Extension Limitation Law has... Read more... CPS cutting energy costs EXPENSES | Schools hope to save $1.3 mil. after upgrades The Chicago Public Schools expects to save $1.3 million a year in utility costs by renovating its main administration building at 125 S. Clark. Read more... District 209 teachers reject furlough proposal With the threat of staff cuts looming, teachers in Proviso District 209 overwhelmingly rejected a district proposal Friday that they each take a two-week unpaid furlough so the district can pay its bills. Read more... Superintendent salaries could cost U-46 $500,000 Ailing schools chief, interim head in line to receive $500,000 Elgin-based School District U-46 could spend more than a half-million dollars this school year on the salary and benefits for Supt. Connie Neale, now on medical leave for an undisclosed condition, and a temporary replacement hired at... Read more... Public schools' revenue growth outpaces inflation Our 10-week course will help you understand how you're paying for schools You're a stakeholder in a multibillion-dollar enterprise. Every year, you cut a check. Every year, you give more. Some years, you give much more... Read more... Big Hollow's school board seeks tax hike Voters will have say on February ballot Reeling from painful program cuts, the failed sale of its former Fox Lake campus and a $3 million operating deficit, the Big Hollow school board unanimously agreed to ask voters for a tax increase through a... Read more... Dist. 158 set to approve 5-month-old audit Most of board agrees payments in lieu of health care were not illegal More than five months after a forensic auditor issued its initial report to the Huntley District 158 school board, the board is finally set to accept... Read more... Schools release secret report on blown budget, late renovations Bad planning, last-minute changes and "design omissions" were the major factors behind problems with a project to enlarge Sandburg, Andrew and Stagg high schools, according to a report released Monday. The 2001-02 project in Consolidated High School District 230 resulted in substantial controversy when it ran more than $28 million over budget and a year behind schedule... Read more... Staff cuts won't save SD 123 A series of staffing cuts approved last spring won't generate enough money to bring Oak Lawn-Hometown School District 123 into the black. And now officials are considering selling up to $16 million in working cash bonds to balance the district's budget... Read more... Dist. 300 ethics policy unveiled Contributors who seek district contracts targeted Last year, Burnidge Cassell and Associates, an Elgin-based design firm, donated $5,000 to Advance 300, the group that successfully campaigned for two large tax hikes in Community Unit District 300. After the election, District 300 awarded Burnidge Cassell a no-bid contract to... Read more... Bank will give Dist. 300 records Documents needed to find Dundee-Crown cash MidAmerica Bank said Wednesday it would turn over documents this week to help Community Unit District 300 determine if more than $100,000 was stolen from Dundee-Crown High School's student activity fund... Read more... More than a year later, Dist. 300 audit not done An audit to determine if more than $100,000 was stolen from Dundee-Crown High School's student activity fund was started more than a year ago - and still hasn't been completed. The special forensic audit was started in July 2006 after Community Unit District 300 discovered that more than $100,000 might be... Read more... Dist. 300 did notify police about theft Carpentersville police awaiting results of forensic audit before next step Community Unit District 300 officials told police about the possible theft of $100,000 from a student activity fund about a year ago - a year after an employee first aired concerns about the account and up to two years after... Read more... Woodland to verify proof of residency Woodland Elementary District 50 officials plan to keep more money in the bank by not paying to educate children who should be in another public school system. In the last academic year, about 60 students who didn't live within Woodland's boundaries cost taxpayers nearly... Read more... Dist. 57 finds balance for budget For the first time in years, Mount Prospect Elementary District 57 is on the verge of passing a balanced budget... Read more... Student funds may be missing CARPENTERSVILLE – District 300 officials are asking the Kane County Circuit Court for the opportunity to examine financial documents of a former employee who they say might have mishandled more than $100,000 of student activity funds at... Read more... District 150 may climb out of red Tentative spending plan plugs $4.4 million hole with flat spending, state aid Read more... Gurnee schools need more belt-tightening Warren Township High School's superintendent has been asked to find ways to trim about $800,000 from the 2008-09 academic year budget. Phil Sobocinski received the request from... Read more... Superintendent calls for credit card changes ALTON - The superintendent of the Alton School District said Monday he expects its credit card policy for high-ranking administrators to be changed in the wake of... Read more... Editorial: Administrators must share in school cuts Oak Lawn school district that cut music, art and extracurriculars and raised student fees now has a request for raises of up to 5 to 6 percent for some administrators Read more... |
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