Financial Projections for the Next 3 Years

The changes in the State of Illinois’ model to fund public education has little impact on our district’s bottom line.  For several years now, the district has tried to modify expenses through attrition and has addressed deficit spending through some combination of short-term borrowing and transferring balances between different operating funds.

This chart demonstrates how quickly the district would have NO CASH ON HAND if there is not significant increases in revenues or significant decreases in programs and opportunities for students.

3 Year Projections Doing Nothing

 

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