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Batavia USD 101 board hears bleak budget forecast, authorizes HLS survey amendment to preserve bond option
Summary
Treasurer Tony Inglese told the board the FY27 preliminary budget shows a projected $5 million shortfall and that the district has used reserves for capital work; the board authorized amending the 2024 Health Life Safety survey to preserve eligibility for roughly $11 million in HLS bond financing pending future board decisions.
The Batavia USD 101 Board of Education reviewed a preliminary FY27 budget on April 21 in which Treasurer Tony Inglese said revenues are expected to rise modestly—about $2.2 million—while capital spending and benefits increases are driving a greater draw on reserves.
Inglese said the district's FY27 net shortfall is about $5 million and that the district drew down roughly $14 million in the current fiscal year on one‑time capital work. "We're spending our reserves to put money in one‑time expenses," Inglese said, noting the district has structural operating surplus but is spending reserves to fund necessary warm, safe, dry capital projects. He warned the district has about two to three years of capacity to do that…
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