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Hononegah CHSD 207 reports projected surplus; amended-budget hearing set for June 17
Summary
Finance Director Justin Krueger told the board the district has received 96% of budgeted revenues and incurred about 74% of budgeted expenditures, leading to a projected fiscal surplus; the amended budget hearing is scheduled for June 17, 2026.
Finance Director Justin Krueger reported at the May 20 board meeting that the district has received 96% of its budgeted revenues and has incurred approximately 74% of budgeted expenditures, and that current trends point to a projected fiscal surplus. He noted CPPRT revenues totaled roughly $933,000 — about $40,000 below the Illinois Department of Revenue estimate for the year.
Krueger reminded the board that the 2025/2026 Amended Budget Hearing will be held June 17, 2026, and that the amended budget is available for public review in the Superintendent's Office; a public notice was published in the Beloit Daily News on May 1, 2026. The board accepted the monthly investment schedule and treasurer's report and approved payment of bills totaling $1,078,358.12.
