GLEN ELLYN – Glen Ellyn School District 41 expects to spend about $50 million during the 2013-14 school year, with more than half of that amount alotted for salaries, according to the district's tentative budget summary.
The about $29 million expected to be spent on salaries is an increase of roughly $1.2 million from last year, due to the addition of faculty and staff positions and the terms of the recent teacher contract negotiations.
"The budget is an annual process that occurs throughout the year, and it includes all recommendations that were approved by the Board of Education," said Bob Ciserella, the district's assistant superintendent of finance, facilities and operations.
Although the district's expected expenditures increased by about $2.3 million from last year, revenues also increased, providing an expected surplus of about $22,000 for the 2013-14 school year.
The return of a tax levy accounts for much of the revenue increase, Ciserella said.
Revenues in the district are expected to increase by about $4.2 million to total about $50 million in 2013-14. More than half of that increase will come from a tax levy to help pay for bonds issued for 1997 facility projects, he said.
The D-41 Board of Education previously voted against levying the tax for the 2012-13 school year, instead making a payment on the bonds with operating funds, Ciserella said.
The district will again levy a tax for the 2013-14 school year, bringing about $2.8 million more in property tax revenue to the district, increasing total property tax revenue to roughly $43.2 million.
The district is expected to pay off the bonds in 2017-18, he said.
One item that is not contributing to the increase in revenue is student fees, as the board voted against increasing them for 2013-14.
Purchases for this school year include those associated with the complete renovation of the Hadley Library Media Center that is taking place this summer. Hadley Junior High School is being painted before school starts in the fall as well.
The district also is purchasing technology, such as laptops, iPads and printers, for classrooms at all five of its schools, Ciserella said. At the elementary schools, D-41 will continue its transition to a 21st century learning environment with the purchase of furniture for 32 classrooms.
Additional faculty and staff for 2013-14 include seven new positions, although one elementary assistant principal position will be filled by an employee already working for the district. Other new positions include another assistant principal, a math and STEAM (Science, Technology, Engineering, Art and Mathematics) specialist and foreign language instructor, Ciserella said.
At the end of the 2013-14 school year, the district is expected to have a cash balance of about $36 million, meeting the recommendation of maintaining about 25 to 35 percent of operating expenditures for emergency purposes, he said.
A public hearing on the budget is scheduled for 7:15 p.m. Aug. 12 at the Central Services Office, 793 N. Main St. in Glen Ellyn. The budget must be adopted by the D-41 Board of Education by Sept. 30.