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ETHS board accepts FY25 audit, authorizes up to $17M in bonds and approves settlements and proclamations
Summary
On Feb. 9 the Board accepted the FY25 annual comprehensive financial report (clean audit), approved a resolution authorizing issuance of up to $17,000,000 in general obligation bonds, authorized a no-fault settlement with FOIA requester Vince Espiniza (insurance to pay attorney fees), approved recalls from reduction in force and proclamations for Black and Women's History Months, and passed the consent agenda.
The Evanston Township High School District 202 Board of Education accepted the FY25 annual comprehensive financial report and acted on several fiscal and governance items at its Feb. 9 meeting.
Rudy Mayo, director of business services, told the board the district received a "clean audit opinion," and reviewed highlights: revenues of about $134,000,000 and expenditures around $142,000,000 produced a decrease in the general fund balance of roughly $4,200,000. Mayo identified key drivers—higher health-care costs, salary increases, and a $1.7 million decline in CPPRT revenue from FY24 to FY25—and noted process recommendations on unearned revenue…
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