Unit 2 Committee Talks Finance

When the Bond County Community Unit 2 school board meets Monday night in the high school media center, the first item of business will be a public hearing on the proposed 2015-16 budget.

The hearing starts at 7 p.m. and later in the meeting the board will consider passing the budget.

The Finance Committee met Monday to review the current financial status of the district.

Superintendent Wes Olson presented the latest information he has about the budget, which is limited because the state legislature has yet to pass its own budget.

The proposed Unit 2 budget has a deficit of approximately $911,000. The superintendent told WGEL that the school district has not spent their way into this situation, as total expenditures have been reduced to about the same level as in 2008.

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Revenues have been suffering as the state of Illinois continues to provide less money to schools. The superintendent said Unit 2 is receiving less state revenue than it did in 2008.

Olson advised if the district continues to deficit spend next fiscal year, the education fund would be out of reserves, and in 2018 the three operating funds would be out of money.

The Unit 2 Policy Committee met to review several language changes in current policies and heard from a parent concerned about how volunteers are used in the classroom.

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