Bolingbrook 9-25-14

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INSIDE

SPORTS Allie Quigley earns sixth woman award

bolingbrookbugle.com

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NEWS Maya found guilty of murdering Romeoville girl

ONLINE More news at buglenewspapers.com

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Your Community, Your News

SEPTEMBER 25, 2014

Vol. 8 No. 11

schools

Valley View passes budget District budget will have operating deficit of $6.69 million for fiscal year 2015

community

By Laura Katauskas staff reporter

O

n a mission to create special spaces for children battling medical obstacles, the non-profit corporation, Special Spaces, believe a bedroom to most kids is a personal space—a place that represents his or her unique personality. For a child with a critical illness who spends a lot of time at home in his or her room, that room should be a very special space. See the full story on page 3

The Details. When Special Spaces of Chicagoland transformed his daughter’s bedroom from hospital-like to dream-like, Ben Atkinson knew he wanted to help pay it forward. Julie and Kendall check out her new room. (Photo by Laura Katauskas)

katauskas@buglenewspapers.com @lkatauskas

The Valley View School District 365u passed its fiscal 2015 budget of nearly $250 million, a 2.2 percent increase, dipping into reserves to cover a deficit. The district will remain with a budget operating deficit of $6.69 million for fiscal year 2015.This amount is consistent with what has been projected in the five-year financial forecast and is down from a budgeted deficit for fiscal year 2014 of $9.5 million. “We continue to utilize our fund reserves to balance the budget,” said Assistant Superintendent Gary Grizaffi. “We continue to monitor our low point balance threshold, targeting 30 days of operating reserve pre-June property tax collections.” He did warn that if the district ever drops below that certain level, then the district has to look at budget reductions, but reminds that this is a worst-case scenario, projecting that every line item be spent down to zero. “We have weathered a battery of storms with having to pay back taxes to Adventist Bolingbrook Hospital, and the drop in the >> see budget | page 4


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