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Berwyn South School Board adopts FY26 budget, cites $4.9 million deficit covered by reserves
Summary
The Board of Education approved the district's fiscal year 2026 budget after discussing a $4.9 million operating deficit the administration says is covered by fund balance; members and administrators also reviewed potential life-safety bonds and reported delayed state grant and tax revenues.
The Berwyn South School District 100 Board of Education voted to approve the district's fiscal year 2026 budget after discussing a shortfall the administration says will be covered by reserves. The board approved the measure by roll call vote; all present members voted aye and one member was absent. The budget as presented shows a $4,900,000 deficit between projected revenues and direct expenditures, but district finance staff told the board the shortfall is covered by the district's existing fund balance, producing a balanced budget under state reporting rules. Finance staff reported the district's bank balance was $59,200,000 and the overall fund balance $58,400,000. Monthly and year-to-date revenue figures presented to the…
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