Dolton 149 Approves Balanced 2023-24 Budget; District ‘Savings’ Increase $7 Million
Dolton 149 Approves Balanced 2023-24 Budget; District ‘Savings’ Increase $7 Million (Calumet City, IL) — The Dolton School District 149 Board of Education on September 28th, officially approved the fiscal year 2023-2024 budget, amounting to $66,343,999.77. This figure represents a moderate increase of only $128,140.10 from the previous year’s budget.
Additionally, Dolton 149 is projected to have a surplus of $497,751 for the 2024 fiscal year. Moreover, the district’s fund balance, commonly referred to as its “savings account,” at the end of fiscal year 2022-2023 stands at $29,809,110, an increase of $7,854,228 in the district’s savings account.
“The Board of Education remains unwavering in its commitment to sound fiscal management,” said Board President Lolita Crisler-Liggons. “Our budgetary decisions reflect our ongoing priority of directly investing in classroom education, ensuring the best for our students while simultaneously protecting taxpayers.”
District Superintendent Dr. Maureen White echoed the board president’s sentiment.
“Our ability to significantly increase the district’s fund balance is a testament to our relentless efforts in reducing expenses without compromising the quality of education,” said Dr. White. “It’s a win-win for both our students and the taxpayers, and the new budget aligns with the district’s theme this year – ‘let’s do more in ‘24’.”
With this latest budget approval, Dolton School District 149 continues to emphasize its dedication to providing top-notch education while maintaining fiscal responsibility, Dr. White emphasized.
Dolton 149 Approves Balanced 2023-24 Budget; District ‘Savings’ Increase $7 Million
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