The updated budget allows for an additional $2 million in funding.
With the state legislature passing a $4.6 billion general state aid package, District 204 is expecting to receive $1.3 million in aid. And indecision on the pension cost shift allowed for that expense to be removed from the original budget, freeing more funds.
Board members were left with the decision of how to spend the excess money, with the top choice being capital improvements, as the district has been spending less and less on them over the past years.
“We have an outside consultant telling us that we should be spending $8.9 million a year to properly maintain our buildings and if we stick with the 4.9 number there is a deficit over the years because we’ve been borrowing from our buildings to pay for operations,” said Board Member Justin Karubus.
As capital improvements are the easiest to amend if needed, the board moved forward, approving the budget and allocating the extra funds to improving the district’s buildings.
The budget will go up for final approval next month.
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