Flossmoor School District 161 will be running a deficit of $4.81 million in the 2021 fiscal year but most of it was expected, according to officials.
On Sept. 14 the school board unanimously approved the FY2021 budget following a public budget hearing. The approved budget anticipates $33.87 million in revenue with $38.68 million in estimated expenditures from July 1, 2020, through June 30, 2021.
Frances LaBella, the district’s associate superintendent of business operations, said much of that deficit was anticipated when the school board decided to spend $4 million on construction . . .
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