Sangamon Sun

Ball-Chatham Community School District 5 Finance Committee met Sept. 16

Here are the minutes provided by the committee:

Attendees: Dr. Becca Lamon, Wendy Dulakis, Ryan Murphy, Brent Kulivic

Key Points:

District office update

The Village of Chatham has submitted an offer of $175,000 for the purchase of the District Office located at 201 Mulberry Street, Chatham, IL. The contract has been sent to the district’s attorney for further review. This item will be presented for discussion and/or approval at the upcoming board meeting.

FBI Tower lease to be signed

We have now received payments for May, June, July, and August. The September payment will arrive in late October or early November. The FIB fiscal year begins October 1, there is always a short delay before the first payment is issued. Going forward, we will receive $2,500 per month for at least one year. The FBI will be wrapping up installation today, September 16th.

Update on Community Engagement

Upcoming Public Engagement key dates:

Thursday, September 25 – 6:30pm at Glenwood Intermediate School – Family and Consumer Science Room 149 (In person)

Monday, September 29 – 6:30pm Ball Elementary Library (In person)

Thursday, October 2 – 6:30pm Online Forum

Saturday, October 4 – 10:00am Glenwood High School Auditorium (In person)

Upcoming Facilities Projects

Expected Fund balance at end of FY26 $7,868,999

Expected Revenue per year $5,500,000.00

FY26 expected projects are:

• BES HVAC

• BES roof replacements

• BES parking lot (depending on quotes of other projects)

Maintenance/Electrical Bucket Truck

The committee discussed the district’s potential need for a bucket truck to support maintenance and operations. Further conversations will be held with the maintenance department to review the scope of use, specific needs, and potential benefits.

Athletic Costs

The committee is reviewing the costs associated with athletics and clubs, including both district expenses and revenue received. A full breakdown of all athletic and club costs to the district will be presented at the October Finance Committee meeting.

Next Steps:

• FY26 Original Budget hearing and adoption expected at the September board meeting.

• Public Engagement Dates

Thursday, September 25 – 6:30pm at Glenwood Intermediate School – Family and Consumer Science Room 149 (In person)

Monday, September 29 – 6:30pm Ball Elementary Library (In person)

Thursday, October 2 – 6:30pm Online Forum

Saturday, October 4 – 10:00am Glenwood High School Auditorium (In person)

Renew Dowson Farm Lease at October Finance meeting.

FY25 Budget review from Mack and Associates at October Board Meeting

Tax Levy to be presented at November Finance meeting.

Tax Levy to be presented at November Board Meeting.

Truth in Taxation hearing (if necessary) December Board Meeting.

Tax Levy to be approved at December Board Meeting.

https://go.boarddocs.com/il/cusd5/Board.nsf/Public