Belvidere CUSD 100 board approves amended FY26 budget; staff say shortfall narrows

Belvidere CUSD 100’s Board of Education approved an amended fiscal year 2026 budget during its June 15 meeting after district finance staff described revenue increases and targeted expense adjustments.

Finance lead Mrs. Armstrong told the board that carryover grant funds and other adjustments increased operating revenue by $1,760,000 while total expenses rose by about $900,000, and that the district’s aggregate revenues across funds rose approximately $1,910,000 while total expenses increased roughly $1.02 million. "The big highlight that is exciting is that in our operating fund education temp fund, we increased revenues by 1,760,000. However, we only increased expenses 900,000. So we have dropped that 9.8 deficit to an 8.9 deficit," Mrs. Armstrong said. She cautioned that the district is still finalizing June invoices and had not yet received its health-insurance bills for the period.

Why it matters: the amendment uses carryover and grant money to reduce the district’s projected shortfall heading into FY27, but administrators said additional work remains to finalize the year-end position and to build the FY27 tentative budget.

Board action and context: Member Houck moved to approve the amended budget and Member Piggie seconded the motion; the motion passed on roll call. Mrs. Armstrong said some funds also saw one-time reductions (for example a $10,000 reduction in tort/legal-related expenses) and that grant-funded positions and summer programming affected both revenues and expenses.

What to watch next: administrators said they will continue budget development for fiscal 2027 and return with additional detail in coming months when June invoices and final receipts are posted.