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Palos Heights SD 128 reports $585,000 FY25 deficit; CSBO praised for accurate projection
Summary
The district closed FY25 with a $585,000 deficit—worse than the $500,000 projected shortfall but described as within expectations. Board members commended CSBO Mrs. Anoman for the accuracy of her projections and transparency.
Mrs. Anoman, the district's chief school business official (CSBO), told the Board the district had projected a $500,000 deficit for fiscal year 2025 but closed the year with a $585,000 deficit. Board members said the final number was within expected ranges and commended the accuracy of the projections presented.
Dr. Brownlow introduced the closeout report and highlighted that, despite the deficit, the district did not exceed the budgeted expectations for the year. The presentation framed the result as manageable while prompting discussion of mitigation strategies ahead of the FY26 budget presentation.
