The District 207 Board of Education on Tuesday approved its final budget for the 2025–26 fiscal year and will file the document with the Illinois State Board of Education before the Sept. 30 deadline. The board took the vote after the finance committee reported small changes that reduced the projected surplus slightly from the tentative figures presented earlier.
The finance committee reported the district’s surplus fell modestly to about $14,024,005.91 after added late expenses, and that the board’s annual travel budget is set at $15,000 with a district maximum of $425,000. The committee also told the board the district had secured its graduation venue contract in Rosemont; that contract is 5% higher than last year and the total price for ceremonies is $70,350 as stated to the board.
Board members and committee staff stressed the budget remains in surplus and highlighted the district’s fund‑balance policy that provides cash flow while Cook County resolves a delay in property tax billing. The finance update said Cook County has not provided a projected date for tax bills; about 80% of the district’s revenue is property tax‑based, so timing — not the amount — is the primary issue. The board’s final budget will be transmitted to state officials in compliance with the statutory filing requirement.
The board approved the consent agenda and the final budget by roll call vote. The fiscal items discussed in committee — travel limits, summer project spending patterns, and the graduation contract — were brought forward without additional amendment.
Budget decisions were presented as actions for the board to approve rather than policy changes; staff said the district will continue to monitor cash flow while awaiting Cook County’s tax bill schedule. No follow‑up motion or contingency was recorded at the meeting.
Details from the finance update and the roll call vote are below.