The Wheaton Warrenville Community Unit School District 200 Board of Education Wednesday approved a balanced operating budget for the 2012-13 school year Anticipated expenditures total $149,133,590 and revenues total $149,133,750 for the 2012-13 school year.
The 2012-13 budget represents a 1.8% increase from last year. The operating budget does not include Site & Construction funds (Capital Projects) or Bond & Interest funds. The board and staff attribute the balanced budget to several factors but especially to successful, collaborative bargaining agreements with teachers and support staff, according to a press release from the district.
The district has negotiated contract renewals with First Student Transportation, GCA Custodial Services and Veolia Waste Removal at no extra cost, according to the District 200 website. The proceeds of the Hubble sale will reduce the district's debt service by $5.87 million.
District 200 Superintendent Dr. Brian Harris said in a statement,"Revenue uncertainties and delayed payments from the State of Illinois continue to be an issue we monitor.
"As in past years, we always look to make strategic adjustments in some of our expenditures to move the District toward developing the 21st Century skills of our students while targeting all students to be college and career ready.”