At the latest District 203 school board meeting, officials approved the 2015-2016 budget.
The new budget saw just a .18% increase in expenditures, a total of $263 million, balanced by a projected $268 million in revenue. The modest increase was due to uncertainty in state funding to come. With no set budget from the state, the district had to plan around potential shifts in property taxes, pension cost and school funding.
“One thing that’s been discussed by the state Board of Education regarding how it allocates funds prior to the budget recommendation going forward, would be different way of pro rating the allocation that they do have from the state, which could impact us negatively by about $5 million,” said Dan Bridges, Superintendent of Naperville Community Unit School District 203.
$77,000 of the funds will go to creating an evaluation process measuring student growth, $65,000 to the summer school program and $60,000 to switch from paper to an online registration process.
To help trim the budget, the district cut about $800,000 in personnel costs, reducing about 8.55 full time teaching positions. They also eliminated $1.9 million in administrative, operations and maintenance costs, and $500,000 in the education contingency fund.
At the meeting, the board also approved the lease purchase agreement for the first phase of the digital learning initiative.
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