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Board reviews tentative amended 2024–25 district budget; staff to return for final adoption in June
Summary
Business office presented a tentative amended 2024–25 budget for information, citing classification changes for capital assets, bond premium accounting entries and a precautionary utilities budget increase tied to market changes.
Arlington Heights School District 25 staff presented a tentative amended 2024–25 budget for board review on April 22; the board received the information and staff said they expect to bring the amended budget back for formal adoption at the June meeting.
Finance staff explained several drivers behind the proposed amendments: an administrative change in the capital asset threshold (raising the…
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