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Board adopts final fiscal 2026 budget after budget hearing; operating balance remains
Summary
The Board of Education approved a final fiscal year 2026 budget that keeps the district within its fund-balance policy, incorporates updated state reimbursements and tax assumptions, and directs transfers for middle-school capital projects tied to the referendum.
The District 200 Board of Education approved its final fiscal year 2026 budget at its Sept. 10 meeting, adopting a plan the administration said keeps operating funds balanced while accommodating transfers to capital projects tied to the district’s middle-school referendum. The board approved the resolution by roll call after a presentation and questions from members.
The budget, presented to the board by Dr. O'Keefe and staff, shows roughly $2.23 million in operating revenues and an operating balance of about $9.1 million before planned transfers into capital work. Brian O'Keefe and district staff said about $7.0 million of that balance is expected to be invested in ongoing capital work this year, leaving an estimated $2.0 million in operating surplus pending receipt of a potential TIF surplus disbursement from the City of Wheaton.
Why it matters: The board’s adoption completes a months-long process that began with a tentative budget,…
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