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Komarek D94 reports June shortfall; fund balances total $3.62 million, approves $219,571.68 in bills
Summary
The board reviewed a June income statement showing $456,310 in revenue and $711,517 in expenditures and approved June bills payable totaling $219,571.68. The district reported total fund balances of $3,622,879 as of June 30, 2025.
At the July 8 meeting the Komarek School District 94 Board of Education reviewed June financials and approved routine payables.
President Chris Waas read the June 2025 income statement: revenue was $456,310 and expenditures $711,517 for the month. The minutes list fund balances as of June 30, 2025, totaling $3,622,879, with Education ($1,336,078), Building ($210,636), Bond ($862,790), Transportation ($300,915), IMRF ($64,389), Working Cash ($846,448), Capital Project ($0) and Life Safety ($1,623).
On a motion by Waas, seconded by Neumann, the board approved Bills Payable for June 2025 in the amount of $219,571.68. The roll call vote recorded Yes: Arango, Neumann, Waas, Stevens, Will; Absent: Merrill, Obrock (motion carried 5–0).
Business Coordinator Mike Pustelnik told the board the upcoming 2025–2026 budget will be challenging and that staff are seeking additional grant funding; a preliminary budget will be presented for review in August and the final budget is scheduled for board approval in September.
