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Norridge Board Approves FY26 Budget After Hearing on Tax-Delay Risks
Summary
After a statutorily required public hearing with no public comment, the Norridge School District 80 board approved its FY26 budget. Finance staff said delayed tax receipts could require a short-term Working Cash transfer that the board must approve as a resolution.
The Norridge School District 80 Board of Education unanimously approved the district’s fiscal year 2026 budget following a public hearing held Sept. 16 in the Leigh School gymnasium.
Director of Fiscal Services and CSBO Mrs. Devore presented the budget and told trustees the district’s Education Fund balance is roughly $1.4 million at the end of September and should cover operating needs through October — possibly November — but a prolonged tax delay could require a Working Cash transfer the board would need to approve. "In the Ed Fund we have $1.4 million after the end of September, and that should be okay for October, possibly November," Devore said.
Board members asked how transfers would be handled and whether multiple transfers might be necessary. Mrs. Devore said a transfer would be a board resolution tied to Working Cash and that once tax dollars arrive the district moves funds back and repays the temporary transfer. She estimated typical month-of collections reach about 75–85% of billed taxes, not 100%, due to appeals and nonpayment.
The public hearing complied with Illinois law requiring a hearing prior to budget adoption; no members of the public addressed the board during the hearing. The budget adoption motion (moved by Mr. Berardi, seconded by Mrs. Erbach-Barnfield) passed by voice vote with all five members present voting YEA. The board will proceed with budget implementation and return Working Cash resolution language for a subsequent meeting if transfers become necessary.
