Flossmoor School District 161 officials presented a tentative 2026-27 budget on Monday, June 16, that projects an operating surplus next year but cautioned that the district’s long-term financial outlook depends heavily on continued state Property Tax Relief Grant funding.
Associate Superintendent of Business Operations Frances LaBella told board members the tentative budget projects an overall deficit when construction spending is included, but the district’s operating budget remains in positive territory.
“This surplus position is primarily…
