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Oak Park board hears first amendment to 2025–26 budget, staff warns audit may change totals
Summary
The board reviewed a proposed first amendment to the 2025–26 budget from Executive Director of Business & Finance Charice Foster that reflects new state revenue projections, grant carryovers and line‑by‑line expense adjustments; Foster said an imminent audit could require another amendment.
Charice Foster, executive director of business and finance for the Oak Park School District, presented the board with a proposed first amendment to the 2025–26 budget on Oct. 13, saying updated state aid numbers and recent grant awards increase projected revenue but also require adjustments to expenses.
Foster told the board that the district’s June projection of $41,199,001.27 in state sources is being revised to a projected $44,277,008.49 as a result of new state funding estimates and grants that were not finalized at the time of the original budget. She said total revenues are now projected at approximately $61,280,009.13 and that projected expenses will increase in parallel (about $60,629,730.38)…
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