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District 88 reports $79.0 million in cash balances for month ending July 31, 2025
Summary
At the board meeting the district treasurer reported a total cash balance of $79,008,219.20 for the month ending July 31, 2025, and interest income of $269,572.73; the administration said it will begin laying out investments next month.
The DuPage High School District 88 treasurer reported a total cash and investment balance of $79,008,219.20 for the month ending July 31, 2025.
The report, presented by district financial staff, showed interest income for the month of $269,572.73 and an average interest-rate environment described as "around a 4 and a half percent interest rate." Administrators said they planned to begin placing investments in the coming month.
A board member moved to approve the treasurer's report as presented; the motion passed on a roll-call vote.
No additional budgetary actions or modifications were proposed during the presentation. The treasurer's report will become part of the district's public financial records for the month ending July 31, 2025.
