Screenshot 2025-09-23 at 8.04.16 PM

Beecher School Board Approves FY26 Budget With Projected Surplus, Earmarks Funds for Major Projects

Spread the love

Article Summary: The Beecher School District 200-U Board of Education formally adopted its Fiscal Year 2026 budget, projecting a modest surplus of approximately $96,000 and continuing a recent trend of positive financial results after years of deficit spending. The budget includes significant earmarked funds for potential large-scale capital projects, including new boilers for the junior high, window replacements at the high school, and the purchase of new buses.

Beecher School District FY26 Budget Key Points:

  • The FY26 budget projects revenues of $18.43 million and expenditures of approximately $18.3 million, resulting in a planned surplus of around $96,000.

  • The district ended the previous fiscal year (FY25) with an actual surplus of $246,000, marking the second consecutive year of being “in the black.”

  • Major potential expenditures include $100,000 for junior high boilers, $215,000 for high school windows, and $170,000 for a new bus and two transportation vans.

  • The district’s reserves currently represent about 3.2 years of state Evidence-Based Funding, exceeding the strategic plan goal of 2.5 years.

BEECHER, IL – The Beecher School District 200-U board approved an $18.3 million budget for the 2026 fiscal year that continues to solidify the district’s financial health while setting aside significant funds for aging infrastructure.

During a public hearing on September 10, Superintendent Dr. Jack Gaham presented the budget, which projects revenues of $18.43 million against expenditures of $18.3 million, leaving a planned surplus of about $96,000. This marks the third consecutive year the district has planned for or achieved a budget surplus, a significant turnaround from a prior period of deficit spending.

“You actually have been in the black successfully the last two years,” Dr. Gaham told the board. “Something you promised the taxpayers that you would look to turn around. We’ve been successfully in the black the last two years, so kudos to you all.”

The district outperformed its FY25 budget, ending the year with a $246,000 surplus instead of a projected deficit, aided by the sale of property and higher-than-expected tax levy payments.

A key component of the new budget is the earmarking of funds for several large-scale projects. These include a potential $100,000 for replacing boilers at the junior high, $215,000 from health life safety funds for high school window replacements, and $170,000 to update the district’s transportation fleet with one large bus and two smaller vans. Dr. Gaham noted that if these earmarked funds are not spent, the projected surplus will increase.

The budget also reflects a strong financial position in terms of reserves. According to the superintendent, the district’s end-of-year fund balance of $12.7 million represents approximately 3.2 years of Evidence-Based Funding from the state. This exceeds the board’s strategic plan goal of maintaining at least 2.5 years of funding in reserve.

“If the state comes in and says EBF is done, you still have about three years of just holding on until things get really bad,” Dr. Gaham explained, highlighting the district’s financial stability.

Following the presentation, the board voted unanimously to close the hearing and later approved the budget as presented.

Events

No events

Leave a Comment





Latest News Stories

Screenshot 2025-05-04 at 2.08.10 PM

Resident Urges County to Restrict Residential Motocross Tracks After Neighborhood Dispute

JOLIET — A Will County resident appeared before the Land Use and Development Committee Thursday urging officials to modify zoning codes to prohibit motocross tracks in residential neighborhoods, citing an...
Screenshot 2025-05-04 at 2.08.10 PM

Committee Approves Truck Terminal Special Use Permit After Safety Modifications

JOLIET — The Will County Land Use and Development Committee voted Thursday to approve a special use permit for a truck terminal in New Lenox Township, after the applicant made...
Screenshot 2025-05-04 at 2.08.10 PM

County Committee Approves Two Solar Energy Projects Despite Farmland Concerns

JOLIET — The Will County Land Use and Development Committee approved two commercial solar energy projects Thursday, advancing the proposals to the full county board for final consideration despite concerns...
Screenshot 2025-05-04 at 3.03.49 PM

Will County Approves Vision Zero Initiative to Reduce Traffic Fatalities

Will County has officially adopted Vision Zero, a data-driven safety initiative aimed at eliminating traffic fatalities throughout the county. The Public Works and Transportation Committee unanimously approved the resolution, which...
Screenshot 2025-05-04 at 3.03.49 PM

County’s First Roundabout Planned for Exchange Street and Beecher Road Intersection

Will County's first roundabout is advancing to the final public meeting phase, with construction tentatively scheduled for 2027. County Engineer Jeff Ronaldson announced that the Department of Transportation will hold...
Screenshot 2025-05-04 at 3.03.49 PM

County Accepts $377,000 Developer Donation for Romeo Road Improvements

The Will County Public Works and Transportation Committee has accepted a $377,000 donation from a developer to fund roadway improvements at the southeast corner of Romeo Road and Weber Road...
Screenshot 2025-05-04 at 3.03.49 PM

Contracts Awarded for LED Signal Upgrades and Guardrail Maintenance

The Will County Public Works and Transportation Committee has approved contracts for two significant infrastructure maintenance projects: LED traffic signal upgrades and guardrail maintenance across the county. A contract for...
Screenshot 2025-05-04 at 3.03.49 PM

BRIEFS: Will County Public Works Projects

County Line Road Resurfacing Contract Awarded: The committee approved a $767,249 contract to Iroquois Paving Corporation for resurfacing County Highway 58 (County Line Road) from N5000 East Road east to...
Screenshot 2025-05-04 at 2.36.35 PM

County Approves Two Solar Energy Projects, Committee Discusses Zoning Challenges

The Will County Land Use and Development Committee approved two commercial solar energy projects Wednesday despite objections from the Village of Manhattan regarding one of the proposals. In a 6-1...
Screenshot 2025-05-04 at 2.36.35 PM

Committee Debates Easing Size Restrictions on Accessory Dwelling Units

Will County's Land Use and Development Committee is considering changes to its accessory dwelling unit (ADU) regulations that could provide more flexibility for homeowners looking to create additional living spaces...
Screenshot 2025-05-04 at 2.36.35 PM

“Tiny Homes” Status Creates Regulatory Confusion for County Officials

Will County officials are struggling to establish clear regulations for "tiny homes," with committee members expressing confusion over terminology and appropriate standards during Wednesday's Land Use and Development Committee meeting....
Screenshot 2025-05-04 at 2.36.35 PM

County Officials Begin Exploring Regulations for Small Modular Nuclear Reactors

Will County is beginning to explore potential regulations for small modular nuclear reactors (SMRs) after recent Illinois legislation allowed their development, planning staff told the Land Use and Development Committee...
Screenshot 2025-05-04 at 2.17.47 PM

Will County Land Use News Briefs

Truck Terminal Proposal Tabled for Traffic Study: The committee tabled a special use permit request from Litmax Multi-Service Inc. for a truck terminal in New Lenox Township at 22645 Cherry...
Screenshot 2025-05-04 at 2.57.14 PM

County Moves Forward with Veterans Building Renovations, Questions Arise on Pace Building Plans

Will County's Capital Improvements Committee received updates Tuesday on multiple county facility projects, including progress on the Copperfield Drive building renovations for veterans services, while discussions revealed questions about the...
Screenshot 2025-05-04 at 2.57.14 PM

County Continues Efforts to Reduce Leased Office Space Footprint

Will County officials reported Tuesday that efforts to consolidate county operations in owned facilities are continuing to reduce the county's leased office space footprint, with further reductions expected when the...