Education, Local News

Property tax revenue boosts SD161’s prospects for balanced budget 

Fran LaBella, associate superintendent of business operations at Flossmoor School District 161, offered a favorable preview of next year’s proposed budget during the board meeting on May 31.

The district’s tentative budget for the 2022-23 fiscal year is $33.9 million. During a detailed presentation, LaBella said the budget is expected to be balanced, with expenditures outpacing revenues by only about $172,000.

“To me that’s flat, because I can close that with my eyes closed,” LaBella said.

To illustrate the next fiscal year projections, LaBella went through the . . .

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Summer events

Monday, July 4

  • Flossmoor Volunteer Fire Department kids parade, starting at 10 a.m. at Parker Junior High, ending in downtown Flossmoor.
  • Homewood 4th of July parade, staring at 10 a.m. at the St. Joseph Catholic Church parking lot, 17951 Dixie Highway, south to Ridge Road, then east to Izaak Walton Nature Preserve, where there will be a community picnic.

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