Dist. 202 School Board OKs Deficit Budget for 2013
Projected $8.9 million deficit will mean cost-cutting measures will need to be done to get closer to a balanced budget, school officials said.
The same night they announced plans to look for a new superintendent, the Plainfield School District 202 board Monday approved the district's 2012-13 budget with a projected $8.9 million operating fund deficit.
The board will file an amended budget in late fall or early winter once it determines any cost-cutting measures it can implement or get further clarification on how the state of Illinois plans to fund education and the teacher pension obligations.
The district also has about $7.5 million in surplus from the 2011-12 budget, and the board of education may use some or all of that surplus to pare down the deficit.
The district is looking at non-personnel cuts first to help eliminate the deficit, board president Roger Bonuchi said.
The 2012-13 operating budget includes $242 million in expenses, compared to $242.2 million last year and operating revenues are at $233.1 million, down from $242.8 million last year. State funding has decreased by about $9 million from last year, district officials said.
About 40 percent of District 202's enrollment are students from Joliet.
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- District 202 Budget on Display with $8.9 Million Deficit