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Vision 129
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  Financial Responsibility  
District Budget Hope D Wall Budget

With the April, 2007 Operating Rate Referendum passage, District 129 has set the following goals:

  1. Balance the budget,
  2. Maintain enough reserves so that the District does not have to borrow money to pay the bills, and
  3. Have enough operating revenue to
    • Handle expected growth in student enrollment (more than 180 per year for the next several years),
    • Implement Vision 129, which includes a plan to improve teaching and learning
    • Improve safety and security, and
    • Perform routine maintenance.



April 2008


Receive $8,900 Library Grant
February 2008


Save taxpayers $2.7 million by refunding its existing debt at lower interest rates
June 2007


Hire PMA Consulting to provide detailed financial analysis and projections
May 2007


Cut special education transportation costs by partnering with School District 131
February 2007


Hire performance-based auditor
 
June 2008

Approved purchase of high school and middle school band instruments
 
March 2008

Apply for $6 million Safe Schools, Healthy Students grant
 
 
August 2007

  • Join state consortium for purchase of paper

  • Receive $971,000 Teaching American History grant to share with four other districts

  • Receive $10,000 BP Amoco grant for West High biofuel project

  • Use $2 million Reading First grant to improve reading of kindergarten through third-grade students at Greenman, Hill, Lincoln, Nicholson and Schneider
  •  
     
    April 2007

  • Referendum passes. Voters approve new operating rate

  • Save taxpayers $3.2 million by refinancing bonds
  •  
     
    May 2006

    Receive grant to install light fixtures that cut electricity costs $50,000 a year
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    School District 129 - 80 S. River St. Aurora, IL. 60506 - Phone: (630) 301-5000 - Fax: (630) 844-5710
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