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District 181 Budget

Tuesday, February 26, 2013

D181 Curriculum Overhaul: How Much Will It Cost?

Implementing the new advanced learning plan and the Common Core standards will result in $493,500 worth of new costs over the next two school years, according to the administration's projections.

District 181’s newly approved advanced learning plan, paired with the federally mandated implementation of new Common Core curriculum, will add more than $520,000 in new costs to the district’s budget over the next four school years, according to financial projections provided by district administration. READ: D181 Board Approves Long-term Curriculum Overhaul The administration projects implementation of the advanced learning plan will cost $283,600 in 2013-14, but most of the expenses are not considered to be incrementally new. Common plan time and professional development for staff new to teaching Algebra, the resulting substitutes, and stipends for those performing the staff training—$217,100 total—are all costs that will be paid for …

Thursday, July 26, 2012

D181's End-of-Year Fund Balance Exceeds Budget Expectations

Assistant superintendent for business Gary Frisch said on Monday that the district likely had at least $573,000 more in its coffers when the fiscal year ended on June 30 than it budgeted for.

The new head of District 181’s business office says he’s comfortable with the financial state of the district as its fiscal year 2012 numbers are confirmed in the coming months. Assistant superintendent for business and operations Gary Frisch said at Monday night’s school board meeting at Elm School that the district estimates the operating funds’ ending balance for fiscal year 2012 was about $573,000 larger than the district budgeted for before the 2011-12 school year. The operating funds include the education, operating and management, transportation, social security and working cash funds. Expenditures for the recently concluded fiscal year, which ended June 30, were slightly more than the district budgeted for according to Frisch’s …

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