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District 205 Board deliberates facilities update, referendum budget, abatements
ditional costs beyond the $168.5 million in referendum funds. More than The Elmhurst Community Unit $40 million in referendum-related School District 205 Board held a reg- projects have yet to be completed. ular meeting on Tuesday, Jan. 25 at the District 205 Center, 162 S. York Projections, potential St. Board member Christopher Ko- abatements discussed cinski was absent from the meeting. The meeting included a discussion The meeting included a facil- of financial projections and potential ities update from Todd Schmidt, abatements for district taxpayers. the district’s director of buildings Over one year ago, the board apand grounds. Schmidt talked about proved an abatement of about $3.1 projects related to the $168.5 mil- million, which reduced the District lion referendum that was passed in 205 property tax burden of district 2018. He said that upcoming work at homeowners during the 2020 levy Fischer Elementary School will have year. The deadline for issuing an a phased approach. The first phase, abatement for the 2021 levy year is which includes the addition of six March 1, 2022. The board makes an classrooms, will begin this spring. annual decision whether or not to apThe second phase, which includes the prove an abatement. renovation of the school’s media cenElizabeth Hennessy, who is the ter, should begin in December 2022. district’s financial advisor, provided The third phase, which includes the several options for the board to conaddition of a new HVAC system, is sider. Some of those options includexpected to begin in June 2023. ed an abatement for the 2021 levy Schmidt said the renovation proj- year, while others did not. If there is ects at Jefferson Elementary School no abatement for the 2021 levy year, have a referendum budget of about the owner of a district home valued $7.45 million. The recent bid esti- at $500,000 would face a district-remates totaled about $7.9 million, lated tax increase of about $310 from about $450,000 over budget. the previous year. Board members noted that since Christopher Whelton, the district’s the passage of the $168.5 million assistant superintendent of finance referendum, the board has approved and operations, recommended no increases in the scopes of some proj- abatement for the 2021 levy year. ects. The increased scopes of work Board member Athena Arvanitis include projects to add additional said she was alarmed by a chart that classroom space at Field Elementary shows the district’s fund balance School, along with separate additions to decline over the next five years. at Jackson, Jefferson and Fischer el- Board member Jim Collins said that ementary schools. The total referen- property taxes, which provide nearly dum-related work is now projected 85 percent of the district’s revenue, to cost about $186 million. The board are extremely stable, and that the has decided to take money out of the See BOARD, Page 4 district’s fund balance to pay the ad-
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THURSDAY, FEB. 3, 2022
By Chris Fox
FOR THE ELMHURST INDEPENDENT
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Timothy Christian wins state business competition, heads to nationals
Virtual Enterprises International (VEI) announced last week that students from Timothy Christian High School pictured here have won the VE Illinois State Business Plan Competition and are now finalists in VE’s prestigious National Business Plan Competition (NBPC), scheduled for April in New York City. The event showcases some of the best and brightest student leaders and entrepreneurs in the country. See full story on page 4.
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