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Deerfield board approves final 2025–26 budget, debt-service and fund-transfer resolutions

August 22, 2025 | Deerfield SD 109, School Boards, Illinois


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Deerfield board approves final 2025–26 budget, debt-service and fund-transfer resolutions
Deerfield Public Schools District 109’s Board of Education on Aug. 21 adopted the final 2025–26 budget following a public hearing and multiple related resolutions directing transfers between funds and authorizing payment of debt service on outstanding bonds.

The board opened and closed the statutorily required public hearing on the 2025–26 final budget at about 7:02–7:03 p.m.; no public comments were made during the hearing. The board then voted to adopt the final budget (agenda item 9.9) by roll-call vote.

Separately, the board approved resolutions authorizing transfers of monies from the education fund to the operations and maintenance fund and directing the treasurer to transfer money from the operations and maintenance fund to the capital projects fund. The board also approved a resolution providing for transfer of district funds to pay a portion of debt service on outstanding general-obligation limited school bonds (Series 2013, 2015 and 2019). All of the motions passed by roll-call vote during the meeting.

The meeting did not specify dollar amounts for the transfers or the specific portion of the debt-service payments; board members and staff indicated that the transfers and debt-service payments are routine year-end fiscal procedures necessary to ensure cash flow and meet bond obligations. The board’s treasurer’s report was approved earlier in the meeting.

Actions taken include approval of the consent agenda, the treasurer’s report, the final budget and the several fund-transfer resolutions (agenda items 9.1, 9.2, 9.9, 9.10–9.12). Board members said staff will implement the budget and report back on routine financial monitoring.

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