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District 100 finance director reports $65.7 million cash balance, previews tentative FY26 budget
Summary
Finance staff reported a $65.7 million bank balance, summarized fiscal-year 2025 revenues and expenses, and outlined the timeline for the tentative fiscal‑year 2026 budget and public notice.
District 100 finance staff told the board on July 23 the district’s bank balance is $65.7 million and reviewed year‑end revenue and expense totals as the district prepares a tentative FY26 budget for public notice. Jenny (finance director) said revenues for the month were about $463,000 and that state aid and tax receipts are delayed over the summer; state aid payments were expected to begin in August and tax receipts were likely to start in the fall.
Why this matters: the tentative budget will determine staffing and program funding for the coming…
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