Local News

District 153 closes 2018 budget with a surplus

Homewood School District 153 will have a balanced budget with a surplus when the current budget year ends Sept. 30. School Business Manager John Gibson said at the Sept. 24 board of education meeting this is the first year since 2011 the district’s numbers have looked so good.  The final numbers show  $22.53 million in revenues and $21.66 million in expenditures with a $868,000 surplus. When the budget was passed in 2018, Gibson projected a deficit. However, the deficit cycle may start again. The 2019 budget the board passed during the . . .

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