CCSD59 - Board Meeting 11/19/18

Board Meeting 11/19/18

Public Hearing

Agenda Item 4.0

Tax Levy Public Hearing – 4.01

The board held a public hearing to discuss the CCSD59 proposed tax levy. The hearing provided the opportunity for audience members to ask questions and receive information and clarifications regarding the district’s proposed levy.

Each year, Illinois school districts have the opportunity to request a dollar amount for local funding to support the operational expenses of the district. This request is made with many unknowns that will be included in the final levy amount. Unknown factors include items such as final new construction figures and final 2018 equalized assessed value of the properties within the district.

Once the factors are officially established by the county later in the year, the district will receive its final legally allowable levy extension as established under the Property Tax Extension Law Limit (PTELL). Regardless of how much the district requests under the proposed tax levy extension, the district will only receive what they are legally entitled to under PTELL based on the final figures established by the county.

The board is scheduled to vote on the tax levy resolution at the December 10, 2018 meeting.

Discussion Items

Agenda Item 5.0

Financial Workshop – 5.01

The financial workshop focused on the development of the 2019-2020 budget. The board and administration discussed the definition of a balanced budget as it relates to the 2019-2020 budget. It was agreed upon that a balanced budget would occur when the 2019-2020 aggregate operating fund revenue does not exceed the aggregate operating fund expenses. The aggregate operating funds include the Education, Operations and Maintenance, Transportation, Social Security/IMRF, and Working Cash funds.

In addition, the revenue and expense assumptions were shared. This included all local, state and federal revenue assumptions along with the assumptions made for salaries, benefits, purchased services, supplies, and capital expenses. The aggregate report with these assumptions was also provided.

The board will continue to discuss the 2019-2020 budget in an additional financial workshop in February, as well as during board meetings through May. To see the financial workshop presentation slides, please click the link below.

View Presentation

Action Items

Agenda Item 7.0

Approval of Submission of the Title I School Improvement Grant Application – 1003(a) – 7.01

The Title I 1003(a) grant is designed to allocate funding to Local Education Agencies
(LEAs) as part of the Illinois Every Student Succeeds Act (ESSA). The grant is intended to provide all children with a significant opportunity to receive a fair, equitable, and high-quality education and to provide adequate resources in order to substantially raise the achievement of students
in lowest-performing schools.

The board approved submission of the grant application for IL Empower School Improvement 1003(a) funds to support the following schools: