• Finance, Facilities & Operations

     

    Eric
    Eric DePorter
    Assistant Superintendent of Finance, Facilities & Operations
    630.534.7220
    Email Eric
    Brandi Jones
    Business Manager
    630.534.7249
    Email Brandi
    Shannon Seidler
    Transportation Coordinator - FOIA Officer - Administrative Assistant
    630.534.7222
    Email Shannon
    Robert Schaefer
    Payroll Specialist
    630.534.7208
    Email Robert
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    Accounts Payable
    630.534.7417

    District budgets are approved annually, but many of the numbers contained within reflect long-term commitments, such as labor contracts, ongoing equipment and building maintenance contracts and long-term commitments to instructional or professional development strategies. 

    School Accounting and the Law
    School budgets are governed by different regulations and practices than typical business or family budgets. The main differences are:

    Fund Accounting
    School district records, budgeting and reporting are on a fund basis. Nine funds are established for specific activities and objectives and operate in accordance with laws and regulations. Each fund is treated as a separate and independent entity with its own assets, liabilities and fund balance.

    Federal and State Mandates
    Public schools must fund certain programs and services by law, even if it means deficit spending. Some familiar programs governed by mandates include special education, life-safety and ESL and bilingual programs.

    Cash Balances
    Districts keep cash reserves for emergencies, or if revenues are distributed late, they can make their payments and not accrue penalties.

    Tax Cap
    The Tax Limitation Law of 1991 limits the increase of total dollars the district can receive over the previous year to 5% or the CPI, not including taxes from new construction.