Updated Fund Balance Strategy Supports D214’s Growth

The District 214 Board of Education updated its Fund Balance Position Paper to set a new minimum target of 40% of annual operating expenditures, aligning financial strategy with evolving needs. The District aims to balance prudent fiscal management with strategic investments in school facilities and educational excellence. This updated approach is informed by factors such as improved tax collection processes, the impacts of the pandemic, and the District’s $850 million facility improvement plan. The District remains committed to ensuring long-term financial stability while supporting the continued success of its students and staff.