The Hawthorn School District 73 Board of Education in June tentatively approved a $74.72 million budget for the 2016-2017 school year. The budget is backed by $70.41 million in revenue. A public hearing is set for 7 p.m. Monday, August 8. The budget is up for Board adoption on Monday, September 12.
The district is utilizing funds set aside for capital projects to complete projects that were part of a capital reserve study done in 2008. The operating deficit includes $500,000 that the Board of Education has approved to take care of a new phone system for the district.
Overall, operating expenses have seen an increase of less than 1 percent.
Instruction, which accounts for 57 percent of the expenses shows an increase of 3.5 percent. Salaries and benefits for the district’s 600 employees make up 80 percent of the budget. Staff oversees the education of about 4,273 students in preschool through Grade 8.
“Overall we feel confident that we have a budget that is addressing our student’s needs, and the financial needs of the district. We continue to monitor the shrinking revenue side of our budget while continuing to ensure that we are responsible with our taxpayer dollars. We will keep an eye on Springfield, and work with our legislators to make sure that we are not shortchanged in the process of realigning dollars at the state level,” said Brad Goldstein, Associate Superintendent of Finance & Business Operations.
The public is welcome to stop in the district offices at 841 West End Court, Vernon Hills, where the budget is available for public review. The tentative budget is also available on the finance page on the district website. The Board is expected to adopt the budget at its Monday, September 26 meeting.