Earlier this month, the Bond County Community Unit 2 Board of Education approved a budget for the 2019-20 year.
The budget is out of balance due to some large one-time expenditures.
Superintendent Wes Olson said one of them pertained to the new Early Childhood building, across from the district office along Rt. 140.
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Olson reported the district also has to pay back about $400,000 in pre-kindergarten funds that were received from the state last year, but were not spent.
The superintendent commented the district had additional expenses to maintain its bus fleet. He said the lease agreement is over 5 years, but the total value is listed as an expenditure to capitalize the buses.
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The budget was approved by the six board members attending the meeting.
Other action taken by the board was renewal of the agreement with the Okaw Valley Area Vocational Center for the 2020-2021 school year, passage of the athletic trainer agreement and approval of a cost of about $14,000 for air conditioner repair at the Greenville Elementary School.