Indian Prairie District 204 Board OKs $476 Million 2026-27 Budget, Which Includes $5.8 Million Deficit

Indian Prairie District 204 board OKs $476 million 2026-27 budget, which includes $5.8 million deficit

On Monday night, the Indian Prairie School District 204 board approved a $476.4 million operating budget for the 2026-27 school year.

Indian Prairie D204 school board OKs $476 million 2026-27 budget, which includes $5.8 million deficit

District officials say the deficit is due to factors like reduced federal funding and rising costs for transportation and benefits.

IPSD 204 approves budget with $5.8M one-year deficit

The school year is soon to enter its third month, and the fiscal year 2027 budget is now officially on the books for Indian Prairie School District 204.  With a planned, one-time deficit of $5.8 million to be covered by reserves, the budget includes $476 million in operating expenditures and keeps district reserves at 32% of operating costs — above a board policy requirement of 25%.  Administrators said highlights of this year’s planned spending…