In a recent meeting of the Proviso Township High Schools District 209 Board of Education, financial challenges and strategic planning took center stage as officials discussed rising tuition costs for out-of-district placements and the implications for the district's budget.
As the meeting unfolded, board members expressed concern over the increasing financial burden associated with out-of-district placements, which now account for a staggering 13% of the district's budget. This figure highlights a significant trend, as the district has seen a consistent rise in these costs over the past two years. The discussion revealed that approximately 24% of students in the district receive special education services through Individualized Education Programs (IEPs) that are out of license, a rate four times higher than the average for similar districts.
The urgency of the situation was palpable as officials emphasized the need to set aside funds to mitigate these rising costs. "We want to ensure that we have something set aside to offset those costs in the event that happens," one board member noted, underscoring the proactive approach the district is taking to manage its financial health.
In a more positive turn, the treasurer's report for May indicated that the district had successfully received 100% of its anticipated revenue for the fiscal year, a reassuring sign as they approach the end of the financial cycle. However, expenditures were reported at 96%, with expectations that they may slightly exceed the budget by the end of June. Board members expressed confidence that incoming revenue would help balance the budget, as they continue to monitor expenses closely.
As the meeting concluded, the board's commitment to addressing financial challenges while ensuring quality education for all students remained clear. The discussions not only highlighted the immediate fiscal concerns but also set the stage for future planning and resource allocation in the district. With one month left in the fiscal year, the board is poised to tackle these challenges head-on, ensuring that the needs of their students remain a top priority.