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CFO: FY2026 operating budget shows multi-million-dollar shortfall; ISBE funding update expected to boost revenue
Summary
Rockford Public Schools CFO told the board the FY2026 tentative operating budget shows a projected $9.22 million deficit; the district expects a higher-than-anticipated evidence-based funding allocation from the Illinois State Board of Education that will improve the final budget.
Rockford Public Schools presented its tentative FY2026 budget to trustees on Aug. 5; Chief Financial Officer Dr. Jared Brown said the district’s operating funds currently show a projected deficit, but recent state funding calculations are likely to improve the outlook.
Why it matters: The board must adopt a final budget in line with statutory deadlines. An operating deficit affects staffing, program continuity and reserves and could require mid-year spending controls if not remedied by additional revenue or reductions.
Dr. Brown said the…
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