Monday, November 23, 2009 East Central Illinois

Champaign district's CFO seeks meetings with parents

By Jodi Heckel
Tuesday, May 19, 2009 8:03 AM CDT

CHAMPAIGN – The Champaign school district should start holding community meetings in the fall, to talk to parents about falling revenues and ask where they think cuts should be made, said the district's chief financial officer, Gene Logas.

He gave the school board an update Monday on the district's financial situation and what he expects will happen with the budgets for the next three fiscal years. Logas said the district is in "tremendous financial shape" now, because of a fund balance of about $23 million and to surplus budgets in each of the last two fiscal years.

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