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Board approves consent agenda, defers policy 7150; finance snapshot shows $60.9 million balance
Summary
The Berwyn South SD 100 board approved the consent agenda with removal of personnel item D and deferred policy 7150; staff reported a bank balance of $60.9 million and ongoing grant spending through June 30.
The Berwyn South School District 100 board approved its consent agenda after removing personnel item D and agreeing to defer adoption of policy 7150 until next month. The motion to approve the consent agenda with those removals was moved, seconded and passed on roll-call votes; the board secretary recorded 'I' from Gonzalez, Jimenez, Steinfeld, Butler, Adriana Cavayto, Drenth and Palace.
During the superintendent's report and committee updates, district finance staff (Jenny Hosty) provided a fiscal snapshot. Hosty said, "Our bank balance as of today is 60,900,000," and reported month-to-date revenue of $6.7 million and year-to-date revenue of $32 million. Year-to-date expenses were reported at $41.1 million; staff explained the revenue shortfall was timing related to property tax receipts.
The finance committee said it will continue work on the fiscal year 2027 budget and a timeline for an amended budget this year; the board will begin the budget process in April, administration said. No formal budget approval occurred at the meeting.
Votes at a glance: the consent agenda (with removal of personnel item D and deferral of policy 7150) passed on a roll-call voice recorded as affirmative by the listed members; the meeting record shows the motion carried.
