December 2, 2025 at 6:00 PM - District 23 Finance Committee Meeting

Description:  A draft of the final audit has been attached for Committee review.  We are planning to have our auditor join us for additional discussion

Description:  As we work towards the goal of communicating our plan for sustainable financing, we are planning three Board presentations in January, February, and March that will highlight our strategies around budgeting, projections/staffing and fund balances.
January will focus on a look back at fund balances and financial impacts driving positive and negative effects.
February will provide a snapshot of current budgetary needs and practices. This will provide a new "baseline" of revenue and expenditure expectations. 
March will project forward using different scenarios that include reductions, maintaining levels, and sustainable increases.
We are seeking feedback into the approach and data points the board would find helpful and desired in these presentations. 

Description:  Amy will provide a brief programmatic update and the plan to increase fees in alignment with the December, 2025 CPI for the 2026-27 school year.

Description:  Our last Registration Fee Study was in 2024. We have started another fee survey to confirm we are in alignment with our neighboring districts. At this point, we do not anticipate a significant increase but will look to bring a recommendation to the Board for information later this month.

Description:  The final tax levy for 2025 is attached for review. There have been no changes since November. At our BOE meeting on the 18th, we will hold the public hearing and the Board will approve the levy. 

Description:  While we always budget for a limited number of McKinney-Vento students in need of temporary transport, we have seen a significant increase this year. We currently have a total of 14 MKV students and just over half are in need of district-provided transportation. 

We have one family of five that has been moving from hotel to hotel about every 2 weeks and another family that resides within the D21 border. Our most recently added student is now living with his mother in Zion due to dad being picked up by ICE requires daily transportation to and from Zion. 

While we are working to establish cost-sharing agreements with the other districts when we can, we wanted to provide the committee with this information, as we are anticipating a more significant budgetary overage.

Description:  Due to an unanticipated student placement, there is a need to increase the part-time LPN to full-time starting in January. As has been our practice, we are providing the committee with the background so that we can move forward in the new year.

Description:  We are pleased to share that funds from Senator Mark Walker have recently been released from the Governor’s Office of Management and Budget (GOMB) to begin our planning. Funds are to be utilized on a "bondable, capital project" The committee will discuss our options for utilization.