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Board approves FY‑26 capital outlay second reading and two fund transfers to finance summer projects
Summary
The Board of Education approved the second reading of the FY‑26 capital outlay request and authorized transfers from the education and operations & maintenance funds into the capital projects fund to finance planned summer construction projects totaling $18.6 million in transfers noted in the meeting.
The Lyons Township High School District 204 Board of Education approved the second reading of its fiscal year 2026 capital outlay request May 20 and passed two resolutions that move planned funds into the capital projects fund to cover upcoming construction and facility projects.
Brian Sanchez, a district staff presenter, described the capital outlay request as the board’s annual list of items for inclusion in the FY‑26 budget, which begins July 1. He said the district included a five‑year expenditure history and noted technology items raised the year’s total compared with prior years. Sanchez told the board the request is subject to change as the district finalizes the tentative budget in August.
Board members asked about the size of the request compared with prior years; Sanchez said the current request is slightly higher than the past five years and noted a recent year with similar spending. The board voted to approve the second reading by roll call.
Separately, district staff presented two interfund transfers tied to planned capital work. The board held a public hearing earlier in the meeting that is required under state law to move money from the Education Fund to the Operations & Maintenance Fund; with the hearing complete, the board approved a resolution to move $13,600,000 from the Education Fund to the Operations & Maintenance Fund. The board then approved a second resolution moving $13,600,000 from Operations & Maintenance into the Capital Projects Fund. District staff also noted that an earlier transfer of $5,000,000 from Operations & Maintenance had been made during the fiscal year, bringing the total transferred to capital purposes this year to $18,600,000.
District staff said the transfers were planned, included in the tentative amended budget, and will be used to pay for projects that begin this summer. Members emphasized the district will monitor insurance and other budgetary items as the tentative budget is finalized, and staff said they would return to the board if further adjustments are required.
The board approved both transfers and the capital outlay second reading by roll call with all members present voting yes.
