Boards of Education in Illinois adopt their annual budget for the fiscal year prior to the end of September. Part of the process is to create a Tentative Budget. The EPG Board established the Tentative Budget at the Board of Education meeting on Monday night (8/21). As of Monday evening, that Tentative Budget is on display in the district office. (See below to a link to the tentative budget.) In order to put the Tentative Budget in context, we have included the budgets and expenditures from the previous five years.

This year the Tentative Budget is probably more “tentative” than normal. We have not received the first two state aid payments of FY18. That’s approximately $200,000 we should have received in state funding. Hopefully there is a funding model approved by our state government prior to the end of September. Depending on how that plays out, we will know more information about how much to budget for. There are also a few other minor adjustments that will be made to the tentative agreement over the next few weeks.

Prior to our September Board Meeting, we will hold a budget hearing. That is a time where the budget will be presented with some additional information and an opportunity allowed for comments. The Board will then take action to finalize the budget for FY18 at the September meeting.

Read more: Tentative Budget for FY18

The Board of Education held a meeting on July 24, 2017 at 6:00pm in the EPG JH Library. You can find the report of that meeting here. 

Read more: Board Report: July 24, 2017

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