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Board advised to amend coop fund to reflect ~$100,000 expenditures; hearing to be posted

Board of Education of District 15 · February 23, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Administration said a placeholder ($23,980) in the coop fund budget must be amended by state statute to roughly $100,000 to match expected expenditures; the district will publish a hearing notice and ask the board to approve the amended amount in March.

Administration told the board that a cooperative (coop) fund placeholder used during budgeting must be amended to reflect estimated expenditures of about $100,000.

Mr. Alexander (Speaker 4) explained he had inserted a placeholder amount of $23,980 during budget preparation but that…

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