SYCAMORE - Board members voted to accept changes to insurance benefits based on recommendations presented by Treasurer Roy Swartz Wednesday afternoon during a special board of education meeting.
Swartz later conducted a workshop for board members in which he went through items of a five-year forecast for the district.
Insurance changes are to go into effect beginning in January. The district, Swartz said, hopes to save as much as $230,000.
Also, recent repairs to the geothermal system could save the district around $10,000 in electric bills over the next year, according to Swartz.
Swartz also reported property values in the district are slightly rising and the economy is improving.
Even though income taxes dropped off last year, people seem to be going back to work, Swartz said. The amount collected in income tax is trending back to normal.
"We can only cut so far. We're in black for the next three years, but we will have problems in the future," Swartz said.
He cited a potential lack of funds for permanent improvements such as buses, parking lots and textbooks.
"Those are the things that get cut first," Swartz said.
He suggested the board may want to eventually put something on the ballot to avoid making cuts.
Detailed information about the five-year forecast is to be posted on the district website.
