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Board approves $15.7 million in bills; finance chief reports balanced 2025-26 forecast, launches clean-energy feasibility study
Summary
The District 155 board approved $15.7 million in board bills and heard a treasurer's report showing a $77 million pre-audit fund balance and a projected balanced 2025-26 operating budget; staff will study a district-wide clean-energy project after federal tax-credit policy changes.
The District 155 Board of Education on Tuesday approved $15,700,000 in board bills covering July 3 through Aug. 12 and heard an update showing a pre-audit fund balance of $77,000,000 and a revenue coverage ratio of 46 percent. The finance update matters because the ratio equates to roughly five and a half months of reserves, above board policy 4-20's roughly four-month requirement, and staff said a balanced 2025-26 operating budget is still being…
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