Unit 2 Board Passes Deficit Reduction Plan

In their meeting this week the Bond County 2 School Board approved a budget deficit reduction plan.

Last October the board held three hearings for the budget for the current school year. The budget that was passed showed a deficit of $1.1 million. Reasons listed for the increase in expenses include a county tax assessment error in 2014, collective bargaining, and curriculum and technology updates.

The plan passed Monday includes several measures to ensure financial viability of the district. These include decreased funding for activities and the retirement of some staff members who may be replaced at a lower expense or not replaced at all. The board is also looking into several outsource programs that might reduce the districts spending. The upcoming budget for the State of Illinois may also provide good news for the district.