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Kaneland seeks O&M budget amendment after late ComEd bills; hearing set for June 23
Summary
District administration proposed a $596,000 increase in expenditures in the operations and maintenance fund, driven primarily by a $350,000 electric billing catch-up from ComEd; the board will hold a public hearing June 23 and must file changes with the state by June 30.
Kaneland CUSD 302 administration told the board it will propose an amendment to the current operations and maintenance (O&M) fund budget to increase expenditures, primarily to cover late electric bills from ComEd and several site-related costs.
Doctor Bogan, speaking for district administration, said the proposed amendment increases expenditures by $596,000 on paper but that the major driver is an anticipated $350,000 overage in electric costs because ComEd's billing system change delayed…
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