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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Fall events

SATURDAY, NOV 26

  • Celebrate the season in Flossmoor from 3 to 5:30 p.m. Shopping, Santa, singing and more in downtown Flossmoor. Tree lighting ceremony in Flossmoor Park at 5:30 p.m.
  • Small Business Saturday in Homewood and Flossmoor. Holiday shoppers can help local merchants succeed.

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