District Finances
Each year, in compliance with Illinois law, the district creates a budget that documents revenue sources and planned expenditures by funds. Leagally, the adoption of the budget provides authority for taxation and for expending money, and provides managerial information for use by state and federal agencies as well as the district's board of education and administration.
The Illinois Program Accounting Manual for Local Education Agencies, a publication of the Illinois State Board of Education, specifies categories of local, state, and federal revenues and expenditures. These categories provide the framework for the budgeting and accounting of funds in all public school districts in the state.
A fund is a division of the budget for specific activities and objectives. Each fund is subject to laws and regulations to assure that money in that fund is used for the purposes specified in the law and the school district budget. The largest fund in the budget is the education fund, which supports the primary mission of the district - teaching and learning. Each line item in the education fund budget supports educational services to students. The major funds of the budget are listed below:
| Education | The largest fund for instruction-related items |
|---|---|
| Operations & Maintenance | For upkeep of buildings and grounds |
| Bond & Interest | Used solely for the payment of debt |
| Transportation | For costs associated with busing |
| Municipal Retirement | For the district's share of required payments |
| Social Security | For the district's share of required payments |
| Site & Construction | A fund used when needed |
| Capital Improvements | A fund used when needed |
| Working Cash Fund | Dedicated to provide a cash cushion |
| Rent for Payments | For leased buildins or equipment |
| Fire Prevention & Safety | For eligible code-required building projects |
Financial Documentation
Budget
- FY09 Budget
- FY10 Budget
- FY11 Budget
- FY12 Budget
- FY13 Budget
- FY14 Budget
- FY15 Budget
- FY16 Budget
- FY17 Budget
- FY18 Budget
- FY19 Budget
Budget Presentations
- FY13 Budget Presentation
- FY14 Budget Presentation
- FY15 Budget Presentation
- FY16 Budget Presentation
- FY17 Budget Presentation
- FY 17 Levy Adoption
- FY 18 Budget Presentation
- Financial Update May 2018
- FY 19 Budget Presentation
Annual Financial Information
- FY08 Annual Financial Report
- FY09 Annual Financial Report
- FY10 Annual Financial Report
- FY11 Annual Financial Report
- FY12 Annual Financial Report
- FY13 Annual Financial Report
- FY14 Annual Financial Report
- FY15 Annual Financial Report
- FY16 Annual Financial Report
- FY17 Annual Financial Report
Audit
- FY08 Audit
- FY09 Audit
- FY10 Audit
- FY11 Audit
- FY12 Audit
- FY13 Audit
- FY14 Audit
- FY15 Audit
- FY16 Audit
- FY17 Audit
Administrator's and Teacher's Salaries & Benefits
- FY11 Administrator's Salaries & Benefits
- FY11 IMRF Salaries in Fulfillment of SB1831
- FY11 Administrator & Teacher Salary & Benefits Report
- FY12 Administrator's Salaries & Benefits
- FY12 IMRF Salaries in Fulfillment of SB1831
- FY12 Administrator & Teacher Salary & Benefits Report
- FY13 Administrator & Teacher Salary & Benefits Report
- FY13 Administrator's Salaries & Benefits
- FY13 IMRF Salaries in Fulfillment of SB1831
- FY14 Administrator's Salaries & Benefits
- FY14 IMRF Salaries in Fulfillment of SB1831
- FY 14 Administrator & Teacher Salary & Benefits Report
- FY15 Administrator's Salaries & Benefits
- FY15 IMRF Salaries in Fulullment of SB1831
- FY 15 Administrator & Teacher Salary & Benefits Report
- FY16 IMRF Salaries in Fulullment of SB1831
- FY 16 Administrator & Teacher Salary & Benefits Report
- FY 16 Administrator Salaries & Benefits
- FY17 IMRF Salaries in Fulullment of SB1831
- FY 17 Administrator & Teacher Salary & Benefits Report
- FY 17 Administrator Salaries & Benefits
EIS Staff Position Details
- FY 13 Position Details
- FY 14 Position Details
- FY 15 Position Details
- FY 16 Position Details
- FY 17 Position Details