District 155 OKs deficit budget

2013-09-21T00:00:00Z District 155 OKs deficit budgetPaul Czapkowicz Times Correspondent nwitimes.com
September 21, 2013 12:00 am  • 

CALUMET CITY | The Calumet City Elementary District 155 School Board on Thursday adopted a deficit budget for the 2014 fiscal year.

Superintendent Troy Paraday said there were no significant changes to a tentative budget presented last month, which showed revenues of $13.81 million and expenditures of $18.34 million.

"It is a deficit budget," he said.

The deficit budget of about $4.5 million is an increase over what Paraday said was a deficit budget of about $1 million last year. Last month, he had said the larger deficit was expected for the 2014 budget because of a reduction in local taxes and state aid.

A public hearing regarding the budget was held prior to Thursday's School Board meeting, but no audience members addressed the board.

The 2014 fiscal year budget was adopted by a 4-1 vote. Board members Guadalupe Brantley and Teresa Kic were not present, and board Vice President Guy Eveland voted no.

"I don't spend more money at home than I take in," Eveland said.

He said District 155 is not unlike other districts that often approve budgets expecting state payments that are not always received on time.

"But then again, if things don't work out as we hope, you're talking about getting rid of some teachers or classes," Eveland said.

In other district news, Paraday reported that total district enrollment is at 1,180 students, but that that figure was provided prior to Labor Day.

"There's been a number of individuals who've been enrolling every day," he said.

A more accurate enrollment figure is expected to be available next month.

"We're probably not too far off from where we need to be," Paraday said.

D.155 consists of Woodrow Wilson Elementary School, Wentworth Intermediate School and Wentworth Junior High School.

Copyright 2014 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Featured Businesses



Who do you support for Porter County commissioner?

View Results

Illinois Newsletters