School Board approves budget amendment
MAPLE PARK—The Kaneland School Board on Monday voted 6-0 to approve a 2010-11 budget amendment.
According to Superintendent Jeff Schuler, auditors recommended that the district do budget amendments for this year to account for payments made by the state into pension systems on behalf of Kaneland employees.
“The more significant amendment was the adjustment in revenue for mandated categorical,” Schuler said. “Those are reimbursements for services we are required by law to provide, such as transportation and special education. Unfortunately the delay by the state of Illinois in releasing those numbers means that we don’t have accurate budget numbers at the time the budget is approved.”
Schuler said the budget amendment allowed the district to update the revenue numbers so that they reflect the amount Kaneland expects to receive from the state.
“To date, only one of the four payments for the 2010-11 school year have been received,” he said.
Board member Tony Valente was absent from the meeting.