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Structural Deficit Reduction Plan

To address a budget deficit, District 65 is working through a multi-phase Structural Deficit Reduction Plan with the goal of achieving financial sustainability. So far this has included $20 million in reductions with the focus on preserving the investments deemed critical to staff, families, and community members.

As part of Phase III, the district is looking at possible school closures to address declining student enrollment, underutilized buildings with increasing maintenance needs, and the need for continued budget reductions (approximately $10-15 million). We know that considering school closures is difficult and deeply personal, especially for the school communities who may be most impacted, and are committed to centering the needs of students.

Efforts to address the structural deficit have been ongoing since early 2024. The tabs at the bottom of the page are not specific to any one phase and are meant to provide a detailed picture of the work surrounding the Structural Deficit Reduction Plan. For a broad overview of the amount and focus of reductions across fiscal years, click the drop-down boxes:

 

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All current D65 staff and families automatically receive budget and finance updates. If you’re a community member who would also like to receive emails regarding the Structural Deficit Reduction Plan, please sign up here!