Huntley CUSD 158 approves $139.3 million FY26 budget with $590,273 surplus

The Huntley Community School District 158 Board of Education voted unanimously to approve the district's proposed fiscal year 2026 budget, adopting operating revenues of $139,298,066 and operating expenses of $138,707,793 for an anticipated operating surplus of $590,273.

The budget passed after a presentation and public budget hearing in which district finance staff outlined revenue sources, expense drivers and risks. Mr. Altmyer, who presented the budget to the board, said at the hearing, “At a very high level, we're a $139,000,000 organization; we bring in approximately $139,000,000 of revenue.”

The approved plan relies primarily on local property tax revenues, which the presentation said account for about 61% of district receipts. State funding, including the Illinois evidence-based funding allocation, federal grants (including IDEA and school lunch programs) and local fees make up the remainder. The board packet shows the district anticipates a small operating surplus while trimming certain nonessential purchases and recognizing savings from staffing reconciliations.

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