District 233’s having a healthy savings account is a good thing, but should it be a necessity?
Over the coming months, school board members will be debating whether to continue the policy of maintaining 10 months in reserves or adjust the policy and use some of that money for future expenses at Homewood-Flossmoor High School. The 2023-24 budget shows $57.9 million in reserves, equal to 9.6 months.
The board used the reserve fund to cover…
