October 20, 2026 at 5:00 PM - Finance and Facilities Committee Meeting
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1. Call to Order/Roll Call - 5:00 PM
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2. Discussion
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2.A. 2027-2028 Budget Designee Resolution and Calendar
Public Content:
The Illinois School Code requires the Board of Education to designate "some person or persons" to prepare the budget in the tentative form (105 ILCS 5/17-1). Typically, this has been the responsibility of the Assistant Superintendent of Finance in District 113. To comply with the Illinois School Code, the District has developed a resolution to designate the preparer of the tentative budget. In addition, the District has developed a proposed budget calendar that will be followed for the 2027-2028 budget development process.
Goals:
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2.B. Estimate of the 2026 Tax Levy
Public Content:
The Board of Education is required to approve a tentative levy at least 20 days prior to the adoption of the aggregate levy. If the tentative levy is 105% greater than the prior year's request, the Board of Education must publish a notice in a newspaper of general local circulation. This notice must be published no more than 14 days nor less than 7 days prior to the date of the public hearing. The Administration will provide an overview of the 2026 estimated tax levy and the proposed calendar for adopting the 2026 tax levy.
Goals:
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2.C. Master Facility Plan Process Overview
Public Content:
The Administration will provide an overview of the process that will be followed to execute the development of the District's master facility plan. |
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2.D. Summer 2027 Mechanical Work and Capital Improvement Projects
Public Content:
The Administration will provide an overview of the critical mechanical work and capital improvement projects that are being requested for summer 2027.
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2.E. Preliminary Financial Projections
Public Content:
The Administration will provide an update on efforts towards developing preliminary financial projections, inclusive of key assumptions and financial trends.
Goals:
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3. Public Comments
Public Content:
Attend the meeting in person to share your comment.
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4. Action
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4.A. Board of Education Finance and Facilities Committee Meeting Minutes - August 25, 2026
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5. Adjournment
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