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Mission Statement: District 88 mission: To work for the continuous improvement of student achievement. Through that mission, District 88 schools have been named as Top Schools in America by Newsweek and the Washington Post.

 

District 88 Board of Education adopts annual fiscal-year budget for 2017-18

At District 88, we are committed to maintaining a stable and fiscally responsible budget.

During its Sept. 25 meeting, the District 88 Board of Education adopted the district's annual fiscal-year budget for 2017-18, after a public hearing on the budget took place. The district’s operating budget plan includes estimated revenue of $66,516,284 and expenditures of $67,993,952. We are projecting the fund balance reserves as of June 2018 will be $46,015,888 after the one-time transfer of $1,335,000 from the Working Cash Fund for capital projects, replacement buses and the copier lease transfer of $46,335. Therefore, adjusting for the transfers, the projected operating budget deficit is $1,189,003, which is an improvement from the June tentative budget estimated deficit of $1,725,212. Detailed information about the budget can be viewed at www.dupage88.net/Budget2017-18.

The budget planning process has become increasingly more challenging, given the recently settled state budget stalemate and the impact of the economy on local conditions. Despite state and local financial challenges, we are committed to continuing to exercise strong management control of the expenditures throughout the year to stay within the budget plan. We will continue to actively work toward achieving a balanced budget through intentional efforts with the Board of Education and staff in the coming year.

To watch the Board meeting budget presentation, go to https://www.dupage88.net/site/page/7721 and click on “Public Hearing on the Budget for 2017-18.”

For questions or more information, feel free to contact me at ehoster@dupage88.net or 630-530-3970. Thank you for your continued support of District 88.

DuPage High School District 88
2 Friendship Plaza Addison, IL 60101
Phone: 630-530-3981 Fax: 630-832-0198
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