Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
West Chicago ESD 33 board approves $5M interfund transfer, adopts FY27 tentative budget
Summary
The West Chicago Elementary School District 33 Board unanimously approved a tentative FY2026–27 budget and a $5 million interfund transfer from the Education Fund to the Operations & Maintenance Fund on June 18, 2026. The board also approved a $17,489.90 transfer of working cash interest and renewed insurance coverage for FY27.
On June 18, 2026, the West Chicago Elementary School District 33 Board of Education voted unanimously to approve the tentative budget for fiscal year 2026–27 and to effect a $5,000,000 interfund transfer from the Education Fund to the Operations and Maintenance Fund. The motion to adopt the tentative budget carried on a roll-call vote of 5–0 (McLean, Hernandez, Denton, Banasiak, Garcia voting aye).
Board members said the transfer would fund maintenance, improvement, and repair of school buildings and grounds. Karen Apostoli, Executive Director of Business and Operations, reported that the district had received $1,209,173.00 in Evidence‑Based Funding since the last meeting and provided the Board with Treasurer's and budget reports as of May 31, 2026. At the same meeting, the Board also approved a transfer of $17,489.90 from the Working Cash Fund to the Operations and Maintenance Fund and renewed collective liability and workers' compensation insurance through CLIC for the 2026–27 year.
The motions were moved and seconded as recorded in the minutes (the tentative budget motion was moved by Chad McLean and seconded by Janette Hernandez). All financial motions passed by recorded roll call with 5 ayes and 0 nays. The Board noted the tentative budget will be subject to further review before final adoption and that routine financial reports will continue to be brought to the Board for oversight.
