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

will county board.3

Will County completes major projects while others move forward

Will County's facilities team has completed several major projects while advancing others throughout the county, officials reported during a Capital Improvements & IT Committee meeting Monday. The Old Courthouse Plaza...
will county board.3

Will County Accepts $140,000 Developer Donation for Road Improvements

Will County's Public Works and Transportation Committee accepted a $140,143.90 donation from a developer in lieu of constructing traffic improvements along Laraway Road. The donation comes from the Lakes Park...
will county board.2

State Legislative Session Wrap-Up Shows Mixed Results

Will County's state legislative priorities saw mixed results as the Illinois General Assembly concluded its spring session on May 31, with several key bills advancing while others stalled. The Legislative...
will county board.2

Will County expands safety initiatives across facilities

Will County has implemented new safety protocols and training programs across its facilities, including the selection of department safety monitors and participation in community health education events. Each county department...
will county board.3

Leglislative Committee Meeting Briefs

Federal Grant Deadline Extended: The Surface Transportation Reauthorization deadline has been extended to May 30 for policy submissions, with both House and Senate committees actively seeking stakeholder input ahead of...
will county board.3

Speed Limits Reduced on Two Township Roads

The committee approved new speed zones for two township roads based on engineering studies showing current limits exceed safe driving speeds. Offner Road in Green Garden Township will have a...
will county board.2

Will County Finance Committee Approves Juvenile Detention Center Upgrades

Committee votes to keep facility operational, moves forward with compliance modifications Will County Finance Committee members voted unanimously Monday to recommend keeping the River Valley Detention Center operational and making...
will county board.2

Major Grade Separation Projects Advance with Engineering Contracts

The committee approved two significant engineering agreements for major railroad overpass projects totaling over $4 million. TranSystems Corporation received a $4,003,256 contract for construction engineering services on the Lorenzo Road...
County Board Room

County Authorizes Condemnation for Francis Road Project

The committee authorized the State's Attorney's Office to proceed with condemnation cases for right-of-way acquisition needed for Francis Road improvements between Gougar Road and Interstate 80. Eight property parcels are...
will county board

Solar Farm Access Approved for Manhattan-Arsenal Road

The committee granted access approval for a solar farm development on Manhattan-Arsenal Road approximately 1,000 feet east of Cherry Hill Road. The MCH Solar 1 project, developed by Soltage LLC,...
will county board.3

Will County Finance Committee Meeting Briefs

Budget Transfers Approved: The Finance Committee approved transferring $18,643 within the Supervisor of Assessments budget to move funds from software licensing to computer hardware purchases. Animal Protection Services Funding: Committee...
will county board.2

Public Works Committee Briefs

Major Projects Update: Construction continues on several major projects including the 80th Avenue expressway overpass, Laraway Road widening near Cedar Road, and Bell Road improvements. The Bell Road project at...
will county board

Capital Improvements & IT Committee Briefs

Bed donation program: Will County donated old beds from Sunny Hill Nursing Home to Joliet Junior College and Project Cure after the nursing home received all new beds for residents....
washington township graphic.1

Washington Township Approves $13,260 Security Overhaul, Opts for Local Vendor with 24/7 Service

Article Summary: The Washington Township Board of Trustees unanimously approved a $13,260 contract with TK Audio & Visual to comprehensively upgrade the security system at the Township Center. The final...
washington township graphic.2

Washington Township Board Appoints Teresa Peterson to Fill Vacancy

Article Summary: The Washington Township Board of Trustees is once again at full strength after unanimously appointing resident Teresa Peterson to fill a trustee vacancy. Peterson took the Oath of...