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Round Lake board places FY27 tentative budget and FY26 amended tentative budget on display

Round Lake Area Board of Education · May 5, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board voted to place the FY27 tentative budget and the FY26 tentative amended budget on public display and set a public hearing for June 15; presentations explained transfers for Apple lease payments, longevity and severance projections, and capital project funding needs.

Finance staff presented the district's tentative FY27 operating budget for display and a tentative amended FY26 budget. For FY27, staff reported operating revenues and expenditures showed no material change overall and described a $600,000 planned transfer to cover part of an Apple lease payment, with some lease payments proposed to be drawn from debt-service fund balance…

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