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Komarek SD 94 reports $2.15 million in fund balances; May expenditures exceed monthly revenue

Board of Education, School District 94, Cook County, Illinois · July 14, 2026
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Summary

President Chris Waas read the district—s May financials: revenue of $256,031 and expenditures of $3,152,449; combined fund balances total $2,154,096 as of May 30, 2026, with working cash of $846,581 and bond fund $875,242.

At the June 9 board meeting, President Chris Waas read aloud the district's May 2026 income statement and fund balances. The district reported revenue of $256,031 for the month and expenditures of $3,152,449; the board-recorded fund balances as of May 30, 2026 totaled $2,154,096 with line items including Bond $875,242 and Working Cash $846,581.

"Revenue - $256,031 Expenditures - $3,152,449" and a fund total of "$2,154,096" were read into the record by President Waas. The finance update preceded more detailed comments from Board Treasurer Melissa Obrock and Business Coordinator Mike Pustelnik about the 2027 budget planning process and pending insurance cost information from broker Brown and Brown.