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Homewood SD 153 adopts amended FY2025 budget; board authorizes payments, insurance renewals
Summary
The Homewood School District 153 Board of Education adopted an amended FY2025 budget after a public hearing, moved funds tied to a bond sale for the Willowbrook project, and approved routine payments and insurance renewals at its June 9 meeting.
The Homewood School District 153 Board of Education on June 9 adopted an amended fiscal year 2025 budget that moves bond proceeds into the life-safety fund for the Willowbrook project and reflects a property tax relief grant the district received.
At a brief public hearing before the regular meeting, Dr. Trimberger, the district’s chief school business official, told the board the district completed a life-safety bond sale and “we use are using those proceeds for the Willowbrook project so we had to move those expenses from the operations maintenance fund to the life safety fund.” He also said, “We also did receive the property tax relief grant of $1,450,000. So those increased our revenues about 3,800,000.0.”
The amended budget was presented as part of a broader set of finance…
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