District 103 officials finalizing $32.1 million budget
Lincolnshire-Prairie View Elementary District 103 officials are finalizing a roughly $32.1 million budget for the next fiscal year.
The proposed spending plan is down more than 19 percent from the current year's $39.9 million budget, thanks to the completion of construction projects at Sprague School and Half Day School in summer 2017.
The tentative budget includes $600,000 for facility improvements aimed at addressing the district's growing enrollment and maximizing classroom time for core curriculum efforts, Superintendent Scott Warren said.
It also includes $185,000 to buy more iPad computer tablets for students and teachers, especially the first- and second-graders at Sprague and the third-graders at Half Day.
Employee salaries are budgeted to increase about 3.5 percent overall.
District 103 officials expect to collect about $32.2 million in property taxes, fees and other revenue during the next year, which begins July 1. That's down about 2.4 percent from this year's $33 million estimate. Revenue is decreasing because some residents paid their property taxes in December 2017, earlier than usual.
The school board is expected to approve the budget June 19.
The proposal is available for public review at the district office, 1370 Riverwoods Road, Lincolnshire.
It's also on the school district's website. Go to the "Board" and "Agendas & Minutes" tabs, then click on the link for the May 22 regular board meeting to find the documents there.
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