Kaneland—The Kaneland School Board on Monday voted 7-0 to approve development of a budget for the 2012 fiscal year. A memorandum issued by Kaneland Superintendent Jeff Schuler states that the 2012 budget will seek to eliminate the excess of expenditures over revenue currently estimated at $1 million.

The memorandum also states that specific conditions or criteria within the budget are based on financial projections and the current economic climate surrounding both local and state of Illinois revenue.