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Board authorizes $35 million transfer to operations and maintenance for construction costs
Summary
CCSD 62 approved a resolution directing the Maine Township treasurer to transfer $35,000,000 from the educational fund to operations & maintenance to pay construction bills tied to full‑day kindergarten. The vote passed by roll call; staff said the transfer is an interfund accounting step and may be adjusted later.
The CCSD 62 Board of Education on Dec. 15 authorized the Maine Township treasurer to transfer $35,000,000 from the educational fund to the operations and maintenance fund to cover construction costs for the district’s full‑day kindergarten rollout.
Administration told trustees that the district practices fund‑based accounting…
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