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Kaneland board adopts conservative assumptions for 2026–2035 financial projections, approves donations and policy updates
Summary
Kaneland CUSD 302 trustees voted 5–0 to direct administration to use recommended revenue and spending assumptions for the district's 2026–2035 financial projections; the meeting also approved two small donations and PRESS policy updates on first reading.
The Kaneland CUSD 302 Board of Education voted unanimously to direct administration to use the recommended assumptions when preparing the district’s 2026–2035 financial projections, a step trustees said will help the district plan for steady curriculum and facility investments.
At the board’s Nov. 1 meeting, district finance staff told trustees that revenue assumptions are particularly sensitive to changes in the consumer price index (CPI). "If we're off CPI by 1%, that would be a huge — we're looking at about $600,000 difference to our local…
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