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Huntley school board committee debates levy, administration recommends no abatement amid fund‑balance concerns
Summary
District administration recommended against an abatement this year and proposed asking for the full 2.9% CPI levy, prompting an extended board debate about presenting abatement options at the levy hearing and concerns about teacher retention and declining fund balance.
District officials on Thursday recommended the Board of Education ask taxpayers for a full 2.9% levy increase and warned against offering an abatement this year, citing a combination of state funding cuts and rising costs.
Mister Altmaier, the district chief financial officer, told the committee the move was driven by an "exceptionally proud" record of prior abatements and by new fiscal pressures, including a cut tied to the evidence‑based funding formula and an unusually large health‑insurance claim month. He said the district’s fund balance has fallen from 38.2% in 2019 to about 29.7% today and that "we do…
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