Impact fees received by Woodstock Community Unit District 200 were nearly double last year’s, according to a Board of Education report.
“We have received a check from the city for $49,600 for impact fees,” said District 200 Supt. Joseph Hentges. Impact fees received in 1995 were $25,600, Hentges reported. But, he noted, that was a drop from the $61,000 collected in 1994.
The board also approved the sale of $1 million in 1995 tax anticipation warrants, considerably less than the $2.3 million required the same time last year to offset District 200 operating expenses until taxes are collected.
“For the record, this district is on a balanced budget every year,” said Board President Robert Birchfield, who added the district will continue to have cash-flow problems until the deficit of $3.3 million is eliminated. However, no board members could explain when or how the deficit occurred.
“When you have changes of business officials and records being kept on dirt floors, it’s nearly impossible to figure out,” said Ray Reynolds, assistant superintendent of finance, who said the deficit was inherited from the 1980s.
