SUPERINTENDENT’S COMMENTS
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Dr. Lynda C. Andre
November 29, 2016
Approval of 2017-18 School Calendar
At last night’s meeting, the District 7 Board of Education approved the 2017-18 school calendar.
Highlights of the 2017-2018 school calendar include:
Update on State Funding
District 7 is currently owed over $1.3 million from the State for the 2015-2016 fiscal year.
Amounts due from the Illinois State Board of Education include:
AMOUNT DUE $1,302,835.64
The fourth quarter categorical payments for Special Education and Transportation are approximately one-hundred, sixty- five (165) days past due.
District 7 is currently owed over $1.2 million from the State for the 2016-2017 fiscal year.
Amounts due from the Illinois State Board of Education include:
AMOUNT DUE $1,210,495.49
TOTAL AMOUNT DUE TO DISTRICT 7 FROM STATE = $2,513,331.13
As of November 28, 2016, the total backlog of all State bills is over $10.6 billion. The Illinois State Board of Education notified the District that expected categorical payments for the third and fourth quarters of the 2016-17 school year may not be released until the 2017-18 school year or at some point may be reduced or not paid.
Due to the continued delay of state payments, the District will more than likely be forced to borrow more funds, up to $5 million, earlier than expected. The District now expects to begin borrowing in April 2017 rather than June 2017 to pay bills and salaries to finish the 2016-17 school year. As a result of this earlier and additional borrowing, the District will incur more interest costs.
Board of Education Considers Placement of Education Fund Tax Rate Increase on Ballot for a Second Time
At last night’s Finance Committee meeting and regular Board of Education meeting, the Board was presented with information about the student and district impact of the decision to place or not place Proposition E before voters again during an upcoming election. Citizens may view the entire PowerPoint presentation at www.ecusd7.org.