Mahomet-Seymour board approves amended budget after public hearing

Following a public budget hearing that concluded without public comment, the Mahomet-Seymour CUSD 3 Board of Education on June 16 approved an amended budget the district staff presented.

Heather, the district finance staff member, told the board the amended budget adjustments reflected recent levy changes that reduced IMRF revenue, higher transportation expenses because a contractor was behind in billing, and revenue and expense changes tied to a new bond issuance. "I put a large amount also that probably won't all get hit, but for expenses in case we spent that much in the bonds," Heather said during the hearing.

The nut graf: the board held a published budget hearing, reviewed the proposed amended budget before the June 30 statutory deadline, and then moved to approve the amendment so it would be in place at fiscal year end.

Board members had no substantive questions during the hearing and the motion to approve the amended budget passed on a roll call vote. No specific dollar totals were discussed aloud during the presentation; Heather noted the district expects typical timing of state payments and said fund balances are sufficient to absorb timing variations.

Ending: The board took no further budget votes that night; staff said the amended budget will be finalized before the end of the fiscal year and that the district will continue to monitor revenues and bond-related expenses.