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Board reviews revised FY26 tentative budget; no adoption vote tonight
Summary
District finance staff presented a revised FY26 tentative budget to the Round Lake Area Board of Education on Sept. 8 for public display, saying the updated draft reduced the projected operating deficit from roughly $5.4 million to about $2.9 million but required no adoption vote at this meeting.
District finance staff presented a revised FY26 tentative budget to the Round Lake Area Board of Education on Sept. 8 for public display, describing changes since the prior iteration and explaining that no formal adoption was required at this meeting. Staff said overall revenues decreased by about $247,000 from the previous draft and total expenditures were reduced by about $1.86 million. The presenter told the board the largest single expenditure reduction was tied to the district's labor agreement changes: the district's…
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