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Kaneland CUSD 302 adopts 2024'25 budget with $4.2 million deficit reduction plan

Kaneland Community Unit School District 302 Board of Education · September 10, 2024
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Summary

The Kaneland Community Unit School District 302 Board unanimously adopted a $78.9 million operating budget (total $93.1 million) for 2024'25 and approved a three'year deficit reduction plan to address an anticipated $4.2 million operating shortfall.

Kaneland Community Unit School District 302's board voted unanimously to adopt its 2024'25 budget Tuesday after a public hearing and board discussion, approving an operating budget of $78,900,000 and a total district budget of $93,100,000.

Dr. Bogan, district chief financial officer, told the board the district's tentative operating deficit rose from an earlier projection of about $3.9 million to an expected $4.2 million in the proposed adopted budget. He said changes include higher approved staffing (additional FTEs), lower state evidence'based funding after the district moved from tier 3 to tier 4 and reduced CPPRT estimates. "At the time of…

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