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Plainfield 202 site & finance committee forwards tentative FY26 budget for 30‑day public display; projects a one‑year deficit tied to contract and benefit costs
Summary
At the April 16 Site & Finance meeting, district business officials presented a tentative FY26 budget that projects a $7.1 million deficit covered by planned transfers and within the district’s targeted fund‑balance policy; the committee approved placing the tentative budget on 30‑day public display.
Plainfield School District 202’s Site & Finance committee approved a tentative Fiscal Year 2026 budget for 30‑day public display on April 16 after a presentation by the district’s business office detailing revenue drivers, expenditure pressures and fund balance forecasts.
Lede: The district’s tentative FY26 budget projects total revenue of about $444 million and total expenditures of about $451 million, producing a planned deficit of roughly $7.1 million that the district expects to cover with transfers and other financial sources while remaining within its fund‑balance policy targets.
Why it matters: the plan sets tax levy assumptions, previews staffing and benefit costs, and signals near‑term risks from market and federal funding uncertainty; the tentative budget will be on public display ahead of final board adoption before the new fiscal year.
Key numbers and drivers (presented by Assistant Superintendent for Business Rick Engstrom and staff):
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