November 3, 2025 at 6:00 PM - District 23 Finance Committee Meeting

Description:  The estimated tax levy for 2025 is attached for review. Following Board action on the 14th, she will schedule a public hearing at the December meeting to approve the levy. Amy has also prepared a memo for your review. The updated Apportionment Resolution is currently being finalized by Chapman & Cutler.

Description:  Amy has completed the preliminary application for the FY26 School maintenance Projects Grant, with the $50,000 matching funds to be allocated towards the Summer 2026 Windows, Siding, and Doors work at MacArthur. Pending discussion and approval by the Board in November, the application will be formally submitted to ISBE.

Description:  As we work to prepare the recommendation for EDP Fees in the next month, we want to confirm the direction of the Committee, consistent with last year's discussion, to annually escalate fees in alignment with the December CPI.

Description:  As shared in the Monday Memo, Amy will provide an update on discussions at the Treasury level regarding the plan to mitigate the Cook County property tax delays.

Description:  Amy will share an overview on the impact of recently updated legislation: Regardless of whether a student has obtained a waiver under this Section [for school fees], a school board may not discriminate against, punish, or penalize a student in any way because of an unpaid balance on the student's school account or because the student's parents or guardians are unable to pay any required fees or fines for the loss of school property. This prohibition includes, but is not limited to, the lowering of grades, exclusion from any curricular or extracurricular program of the school district, or withholding student records, grades, transcripts, or diplomas. Any person who violates this subsection (d) is guilty of a petty offense.