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Business manager: FY26 projections improved; board sets amended-budget hearing for June 29
Summary
The district’s business manager told the board tentative FY26 numbers show a higher projected surplus (roughly $246,000) driven by higher sales tax receipts and food-service reimbursement; the board set a public hearing for the amended FY26 budget at 7 p.m. on June 29, 2026 at the Administrative Service Center.
The Mattoon CUSD 2 business manager presented a tentative amended FY26 budget and recommended the board set a public hearing for the amended budget on Monday, June 29, 2026, at 7:00 p.m. at the Administrative Service Center.
"It is still a budget that is in the black ... Right now, it's looking somewhere around 246,000 as a surplus," the business manager said, adding that figures remain tentative and may change before final approval.
The manager identified the two largest revenue changes as an increase in the 1% sales tax (about $400,000 in the current projection) and food-service reimbursements tied to last summer's meals program (about $400,000). The presentation also noted increased electrical charges and higher-than-projected interest income (about $100,000) affecting expenses and revenues.
Board members and staff discussed that much of the revenue increase is in restricted funds (CSFT and USDA-passed food-service funds), and the business manager and auditors recommended setting the hearing near the fiscal year end to capture more accurate numbers before final adoption.
The board voted to set the amended FY26 budget hearing for 7:00 p.m. on June 29, 2026 at the Administrative Service Center. No final adoption occurred at the meeting; the hearing was scheduled to allow community review and a later formal vote.
