The Hawthorn School District 73 Board of Education tentatively approved a $57.19 million budget for the 2014-15 school year at its summer meeting.
The budget decreased by 5 percent due to a decline in capital project expenses. The budget is backed by $57.06 million in revenue. The Board anticipated deficit spending for this year as a result of paying out additional wages to 30 retirees whose last paychecks will fall in the 2014-15 budget year. The deficit will be made up on July 1, 2015, said Brad Goldstein, associate superintendent of finance & business operations. Salaries and benefits for the district’s 600 employees make up 80 percent of the budget. Staff oversees the education of 4,100 students in preschool through Grade 8.
The budget also includes annual refreshes to furniture at Elementary South, technology equipment replacements, a lease for the district’s preschool and early childhood program at Lincoln School in Mundelein, and digital and paper curricular resources.
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. A public hearing on the budget is set for 7 p.m. Monday, Aug. 11. The Board is expected to adopt the budget at its Monday, Sept. 8 meeting.