D115 BOE Meeting 9/15/26

The Lake Forest Community High School District 115 Board of Education held a meeting on September 15, 2026, which included a final budget hearing for the 2026-2027 fiscal year. The budget presentation detailed the district's revenue sources, primarily local property taxes, state, and federal grants, including a noted decrease in federal IDEA funding. Expenditures were reviewed, highlighting that 61.5% of the budget is allocated to salaries and benefits, with a slight decrease in teacher full-time equivalents due to enrollment changes. The board discussed capital outlay funded by referendum bond proceeds and projected a fund balance drawdown within policy limits. Additionally, the board approved the renewal of a three-year agreement with the Lake Forest Hockey Club, clarifying roles and insurance requirements. A motion to release certain executive session minutes was defeated to maintain confidentiality. The meeting also featured student representatives discussing school activities and upcoming events, and updates on construction projects and community engagement initiatives were provided. No new contracts or procurement awards beyond the hockey club agreement were reported.