The Examiner U-46 News FeedU-46 budget dates slated among ratified resolutions By Seth Hancock
The Board of Education in School District U-46 set budget dates for the 2023-2024 fiscal year at its Monday, July 17 meeting.
By a 7-0 vote, the board approved a resolution for the display and public hearing of the budget. A tentative budget is expected to be presented to the board on Aug. 21, and a public hearing and expected vote on the budget is planned for Sept. 11.
It was among several resolutions and policy changes approved unanimously that evening.
The policy change approved was to Policy 4:55 pertaining to use of credit and procurement cards. The change expands the usage of such cards “in order to adjust to inflation,” said Ann Williams, deputy superintendent for operations.
Included is a change to increase the limit, from $500 to $700, that a cardholder can purchase on a single purchase without prior approval.
There is added language that allows the issuance to the superintendent of a “high-limit District credit or procurement card, the limit of which will be established with the issuing bank, for use during an emergency or in exigent situations.”
Also added: “District credit or procurement cards may be issued to a Department to be used by members of the executive cabinet only for group travel and expenses (e.g. field trips, professional development).”
A resolution was approved for the list of authorized depositories, which handle the district’s investments. That list will remain the same this year: PMA Securities, the Illinois School District Liquid Asset Fund, JP Morgan Chase and Co. and Fifth Third Bancorp.
A mutual use agreement with Centrecourt Athletic Club, part of the park district of Hanover Park, was also approved.
“In April of 2023, Centrecourt Athletic Club reached out to School District U-46 with the intent to secure use of the Bartlett High School tennis courts in exchange for the use of their athletic facilities by U-46 athletics,” the proposal states. “The terms were agreed upon for the mutual use of Bartlett High School’s tennis courts during the summer of 2023 in exchange for use of Centrecourt Athletic Club’s indoor tennis courts during the 2023-2024 school year.”
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