Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the District Finance topic
No spam. Unsubscribe anytime.
DuPage HSD 88 approves treasurer's report, budget status and several contracts and travel requests
Summary
At its February meeting the DuPage HSD 88 board approved the treasurer's report showing a total balance of $76,717,419.75, accepted a three-year audit-services proposal from Lauterbach and Amen LLP, maintained the $475 student registration fee for 2026–27 and approved final construction payment and spring athletic travel requests.
The DuPage High School District 88 Board of Education approved several routine but consequential fiscal items at its February meeting, including the treasurer’s report, budget status, an audit contract recommendation, maintenance of the student registration fee and final construction payment for work at Willowbrook High School.
District finance staff presented the treasurer’s report for the month ending Jan. 31, 2026, reporting "A total balance of $76,717,419.75," one matured investment and month interest income of $168,986.45 (year-to-date interest income $1,640,717.77). The board moved to approve the treasurer’s report by roll call.
The budget status report showed Education Fund local revenues at about 48.27% (approximately $25.6 million) and noted declines in other local and federal revenues, including a 22% drop in federal aid tied in part to the absence of ESSER funds. Finance staff warned of likely fiscal pressure for the 2026–27 school year if the governor’s budget underfunds mandated categoricals compared with the Illinois State Board of Education recommendation. The board approved the budget status report.
On procurement, staff recommended continuing financial-audit services with Lauterbach and Amen LLP for fiscal years ending 06/30/2026 through 06/30/2028, with a three-year pricing proposal "starting with $31,100 for fiscal year ending 06/30/2026," and described modest annual increases. The board voted to accept the proposal with the option to review and extend or terminate annually.
The board also approved maintaining the flat student registration fee at $475 for the 2026–27 school year, noting the last fee change was for the 2024–25 year, and approved a final pay application for RB Construction Inc. for Willowbrook High School auditorium catwalk and lighting in the amount of $48,755; the final adjusted contract price was reported as $864,330 after crediting about $59,170 in unused contingency.
Finally, the board approved travel requests for Willowbrook High School’s baseball and softball teams to attend spring tournaments in Tennessee (baseball: Clarksville, March 29–April 2; softball: Pigeon Forge, March 28–April 1), with staff confirming teams rely on fundraising to offset travel costs.
All items were moved, seconded and approved by roll call votes during the meeting.
