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Board adopts FY27 budget and new three-year teacher contract

Financial

What happened

On September 23, 2026, the board adopted the FY2027 budget and approved the FY27-29 teacher contract. In the budget, the main Educational Fund spends about $3.45 million and takes in about $3.36 million, so it runs about $83,000 short. It starts the year with about $3.23 million saved. Most support staff also got a $1.00-per-hour raise.

Why it matters to families

The budget and contracts set teacher pay and what the school can afford for the next three years.

The evidence

September 23, 2026 minutes (Motions #4, #6 and #7) and the FY27 ISBE budget form's summary page.

The source

September 23, 2026 board minutes

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