The District 233 school board approved a projected operating budget of $58.77 million for Homewood-Flossmoor High School for the 2019 fiscal year ending June 30, 2019. Expenses are projected to be $58.73 million leaving the district with a balance of $40,000.
The biggest share of the budget is $40 million collected in real estate taxes. Under Illinois’ tax cap legislation, taxes can only increase 2.1 percent, the increase in the Consumer Price Index.
