At a regular meeting on July 29, the Glenbrook High School District 225 Board of Education reviewed the tentative budget for 2019-20. The proposed budget projects $187,715,308 in expenditures. Included in the proposed budget is the use of $7.1 million of district reserves for improvements to life safety and other school facility enhancement projects.
“This year’s tentative budget represents an ongoing effort to provide excellent educational experiences for our students,” said Assistant Superintendent for Business Dr. R.J. Gravel. “The school district continues to demonstrate fiscal responsibility and commitment to fulfill its goals, as demonstrated by completing our three-year life safety capital projects plan this year. We continue to be on track to become debt free on January 1, 2028.”
As part of the budget discussion, the Board reviewed the previous fiscal year. Based on preliminary, unaudited figures, the district ended the 2018-19 fiscal year with $177,427,879 in revenues and $178,017,489 in expenditures, which included $6,506,908 in life safety and other school facility enhancement projects.
The tentative budget for 2019-20 will be posted on the district’s website for public viewing starting July 30. The community will have an opportunity to provide input on the tentative budget during a public hearing at the regularly scheduled Board Meeting on September 9, at 7 p.m. in the Glenbrook High School District Office located at 3801 W. Lake Avenue in Glenview. In addition, the budget will be available for public viewing at the District Office reception desk, Suite 101A, for no less than 30 days.
The Board is expected to adopt the final budget during the business portion of its meeting on September 23.
VIEW: Tentative 2019-20 Budget