Lois Lane, were you at the meeting where the Business Manager of D157 gave the budget report? District 157 is working in the BLACK, not RED. I'm sure funnyman made a typo. As far as the taxes for River Oaks, it's the BUILDING that they get the property taxes from. If I move out of my house and it is empty, I still have to pay my property taxes. The same holds true for River Oaks. I guess you also don't realize that there are other businesses that have opened up in CC in new strip malls, so there is more property tax money. I hate to say it Lois, but you have NO idea how school finances work at all.
Opps.... I did make a mistake, I did mean working in the "Black". As a matter of fact, D157 has been one of the most financially sound school districts in the south suburbs for years and are today. I have attended board meetings over the years when then budget report is presented. So I guess I didn't answer your question then Lois, perhaps you answered yours since you seemed to have thought the district was working in the "Red".
Now having made all my comments, D157 should not be so comfort and they should always look ahead to see if there are revenue concerns in the future if that can be predicted and if there are viable signs of concerns, then they need to be more frugal financially. But considering history of D157 and their financial soundness, I’m not concerned about providing employees with annual raises, 3% to 4% is reasonable and typical compared to other school districts.