Danville CCSD 118 outlines $4.2M shift to grant funding to reduce projected deficit; board approves multiple purchases and contracts

Summary

District administrators proposed moving roughly $4.2 million in local expenses into federal and state grants to shrink a projected deficit to about $3.3–3.4 million; the board approved several curriculum purchases, a $49,795 learning-partner contract, disposal of surplus food-service items and routine administrative appointments.

District administrators presented a budget realignment at the Danville CCSD 118 board meeting that would shift about $4.2 million in expenses from local dollars into federal and state grants in an effort to reduce a projected deficit for next year.

Mr. Pence, who presented the district—inancial update, said audit adjustments revised beginning fund balances downward from the $22 million shown in the budget to about $17.06 million. "So there's about a $5,000,000 swing there, not to the good," he said, adding that current tracking and proposed reallocations have reduced the projected education-fund deficit from roughly $10 million to near $3.2–3.4 million.

A district staff member leading the budget realignment presentation outlined the categories of savings and grant reallocations under consideration. Items the staff member cited included pausing paid…

Danville CCSD 118 outlines $4.2M shift to grant funding to reduce projected deficit; board approves multiple purchases and contracts

Summary

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