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Meeting Date:
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1/13/2021 - 7:00 PM
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Category:
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Action Items
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Type:
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Action
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Subject:
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Adoption of Resolution to Begin the 2021-22 Budget Cycle
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Vision 2022:
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Financial & Facilities Management Continue to ensure a balanced budget that builds and maintains a fund balance that meets Board policy.
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Background
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The Illinois School Code, 105 ILCS, Section 5/17-1, requires Boards of Education to prepare and adopt an annual budget. It also states that the Board shall designate a person or persons to prepare the district annual budget.
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File Attachment:
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Summary:
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Based upon the requirements of this statute, the Board of Education must adopt a resolution to begin preparing the 2021-2022 Budget. The Board of Education must also designate a person to coordinate this effort. It is recommended that William R. Farley, under the supervision of Superintendent Dr. Jeffrey Schuler, be designated to prepare the 2021-2022 Budget. Attached to this report is the resolution to be adopted as well as the Budget Timeline the district follows.
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Funding:
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N/A
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Board Policy
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4:10 Fiscal & Business Management
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Recommendation:
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It is recommended that the Board of Education adopt the attached resolution and designate William R. Farley to prepare the 2021-2022 Budget.
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Approvals:
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Recommended By:
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Signed By:
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Bill Farley - Assist. Superintendent
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Signed By:
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Jeff Schuler - Superintendent
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Vote Results:
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Original Motion | Member Susan Booton Moved, Member Dave Long seconded to approve the Original motion 'It is recommended that the Board of Education adopt the attached resolution and designate William R. Farley to prepare the 2021-2022 Budget.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 6 Nay: 0. | The motion Carried 6 - 0 | | | Brad Paulsen | Yes | Chris Crabtree | Yes | Rob Hanlon | Yes | Ginna Ericksen | Yes | Susan Booton | Yes | Dave Long | Yes | |
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