Agenda Item
Meeting Date: 7/12/2017 - 7:00 PM
Category: Action Items
Type: Action
Subject: Approval to Post the 2017-18 Tentative Budget and Set the Public Hearing on the 2017-18 Budget
Vision 2018:
Finance
Policy: 4.10 - Fiscal and Business Management
Background: Section 17-1 of the School Code requires Boards of Education to adopt an annual school district budget before or during the first quarter of each fiscal year (by September 30). Prior to adoption, the Board must make a tentative budget available for inspection by the public for at least 30 days. Additionally, a public hearing regarding the budget must be conducted.
File Attachment:
TENTATIVE BUDGET 2017-2018.pdf
BUDGET - Public Notice for Daily Herald Publication on 7-13-17.pdf
Summary: The tentative budget for posting is attached to this report. Staff will provide background on the 2017-18 tentative budget at the meeting. The tentative budget will be made available for inspection by the public at the School Service Center and the libraries of Wheaton, Warrenville, Carol Stream and Winfield. The budget will also be posted on the district web site.

A public notice (attached) regarding the availability to inspect the budget will be published in the Daily Herald newspaper, which has a circulation within the local communities. The public notice will also include the date of the Public Hearing, which will be held on Wednesday, August 16, 2017 at the School Service Center.
Funding:
Recommendation: It is recommended that the Board of Education post the tentative budget for the 2017-18 fiscal year, and set the Public Hearing on the 2017-18 Budget for Wednesday, August 16, 2017 at 7:00 pm at the School Service Center.
Approvals:
Recommended By:
Signed By:
Bill Farley - Assist. Superintendent
Signed By:
Jeff Schuler - Superintendent
Vote Results:

Original Motion
Member Jim Mathieson Moved, Member Chris Crabtree seconded to approve the Original motion 'It is recommended that the Board of Education post the tentative budget for the 2017-18 fiscal year, and set the Public Hearing on the 2017-18 Budget for Wednesday, August 16, 2017 at 7:00 pm at the School Service Center.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Jim Vroman     Yes
Jim Gambaiani     Yes
Brad Paulsen     Yes
Jim Mathieson     Yes
Chris Crabtree     Yes
Rob Hanlon     Yes
Ginna Ericksen     Yes