During the financial update, the district's finance presenter reported that November expenditures were typical — with salaries and benefits comprising the majority — and that some grant revenue had begun arriving. However, the district had not yet received property-tax disbursements from Cook County, a delay the presenter estimated would affect roughly $13,000,000 of expected revenue.

The presenter said there was ongoing back-and-forth between Cook County and vendor firms (identified in the meeting as Tyler Technologies and Tower Technologies) about processing and distributing tax payments. "Tower Technologies figured out how to process the tax bills... but right now it's figuring out how to disperse the money," the presenter said. The delay has reduced the district's fund balance temporarily; staff said they expect the balance to recover once the county distributes payments.

Why it matters: delayed tax disbursements can affect cash flow, short-term financing needs and near-term budget planning. The board noted the possibility of short-term financing to bridge the gap and said the finance committee will continue monitoring the situation.

No formal borrowing action was approved at the meeting; staff signaled they would report back when more information is available.