Next Minooka 201 Finance Committee Meeting and Our Deficit Problem

The next meeting of the Minooka CCSD 201 Finance Committee is Tuesday, February 15, 2011. The Finance Committee meeting starts at 6:00 p.m. in the board room (the old library) at the Minooka Primary Center located at 305 Church Street in Minooka. Finance Committee meetings are open to the public, so everyone is welcome to attend. We will be discussing the state of the District's finances. As I have said before, we are still operating at a deficit and are currently projecting deficits for the foreseeable future as shown in the chart below:

Without additional incremental deficit reduction measures now and over the next few years, there will come a time in the next few years (after the District has burned through its cash surplus) when the District will be faced with a choice to make very large cuts that may affect entire student programs or raise property taxes (or a combination of the two). I believe that if we take additional steps now and over the next few years, we can avoid being faced with a huge deficit problem in the future.

If you pay property taxes to the District and/or have children who attend District schools and you would like to share your views regarding how to deal with our deficit problem, please be sure to attend the Finance Committee meetings.