Fairbury Schools Approve Modest Budget Increase

Fairbury Schools Approve Modest Budget Increase
Student board member Macy Ohlde is sworn in by board president Vickie Banahan

FAIRBURY – The Fairbury School Board approved its budget for the 2017-18 school year Monday night.

Superintendent Stephen Grizzle told the board the new budget included a projected 3 percent increase in spending compared to last year.

That’s smaller than a 4.7 percent projected increase that was passed in the previous year’s budget. Grizzle says actual expenses for the year only increased about 1.7 percent.

:20     “…projected increase.”

One of the areas expected to see the largest increase is special education.

:11     “…about 17 percent.”

Grizzle said revenue is projected to increase by 3.3 percent. He said 81.4 percent of the district’s revenue comes from property taxes. The district’s property valuations are expected to increase just 1.79 percent.

:12     “…a little negative.”

The board approved a tax levy increase of 1.15 cents per $1,000 of property value.

Also during Monday’s meeting, Fairbury High School senior Macy Ohlde was sworn in as the student board member for the 2017-18 school year. The board also approved a time change for the Oct. 19 parent-teacher conferences, which will now run from 10 a.m. to 6 p.m.

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