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Moline‑Coal Valley CUSD 40 board adopts 2025‑26 budget after public hearing

June 23, 2025 | Moline-Coal Valley CUSD 40, School Boards, Illinois


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Moline‑Coal Valley CUSD 40 board adopts 2025‑26 budget after public hearing
The Moline‑Coal Valley CUSD 40 Board of Education held a public hearing on the proposed 2025‑26 school district budget and approved a resolution adopting the budget at its June 23 meeting at the Wilmington Education Center.

Staff presented a summary report that, they said, showed beginning fund balances, projected revenues and expenditures, and ending fund balances for each fund — information the presenter said is required by school code prior to budget hearing. The staff presenter answered no public comments were received during the budget hearing portion of the meeting.

A district staff member described the year‑end review of revenues and expenses and told the board that "this year, we've done very well financially. We've hit all of our targets. All of the revenues are coming in on time, and all of our expenses are in the budget, currently." Following the presentation the board moved and approved a resolution to adopt the 2025‑26 budget by roll call.

The transcript shows the board completed a roll call with multiple members voting "aye." The hearing portion elicited no public speakers in favor or opposed, according to the record.

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Scribe from Workplace AI
Scribe from Workplace AI