The EPG #11 Board of Education held it's annual budget hearing and regular board meeting on September 24, 2018. You can read a summary of the meeting here: 

Visitors Present - 9

Budget Hearing

The Board of Education reviewed the FY19 budget, compared it to the FY18 budget, and discussed goals of the proposed budget. It was noted that the plan is to operate the district without using any of the revenue out of the Capital Projects and Working Cash funds. This would allocate more than $325,000 for long-term planning considerations. It was also noted there is some extra balance in the Tort Fund is due to postponing the parking lot project to the north of the Centennial Gym. That project was initially planned for the summer of 2018, but is expected to be done during the summer of 2019.

Fund

Revenues

Expenses

Difference

Education Fund (10)

10,384,024

10,436,842

-52,818

Operations & Maint. (20)

935,510

764,356

171,154

Bond & Interest Fund (30)

1,065,236

992,300

72,936

Transportation (40)

617,917

642,758

-24,841

IMRF/Soc Sec Fund Total (50)

445,676

325,401

120,275

Capital Projects Fund (60)

250,543

0

250,543

Working Cash Fund (70)

84,913

0

84,913

Tort Fund (80)

634,390

739,665

-105,275

Life Safety Fund (90)

86,413

26,500

59,913

Total:

14,504,622

13,908,634

595,988

 

Reports, Updates, and Informational Items

You can learn more about the upcoming program by going to www.woodfordcountyceo.com.

Board Meeting Discussions

Consent and Action Items

The next regular meeting of the Board of Education will be October 22, 2018 at 7:00 p.m. in the Centennial School Library.