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2026-27 budget leaves the bus fund with about $5,000

Financial
Excerpt from Budget: FY27: Copy of FY27 Budget for 2026-27 budget leaves the bus fund with about $5,000
Official source excerpt: Budget: FY27: Copy of FY27 Budget; editorial caption by Our School Board · source-evidence

What happened

The 2026-27 budget, approved after a September 21, 2026 hearing, plans to spend $350,800 on transportation against $262,200 in revenue. That $88,600 gap would leave an estimated $5,260 in the Transportation Fund by June 30, 2027. The Educational Fund is close to balanced this year, with $4,079,617 in revenue and $4,061,920 in spending. The state form still labels the budget unbalanced.

Why it matters to families

Buses for a rural district covering 105 square miles are paid from this fund. With almost nothing left, any cost overrun would need a transfer from another fund or a higher tax levy.

The evidence

FY27 budget, Deficit Budget Summary: Transportation Fund (40) direct revenues (262,200), direct expenditures (350,800), difference (88,600), estimated fund balance June 30, 2027 (5,260). Hearing held 21 September; adopted 21 September 2026.

The source

FY27 budget (ISBE budget form)

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