Board Adopts Revised Budget Within Tax Cap; Budget Hearing June 7; Revote Set for June 21 At a meeting on May 23, the Elwood School District Board of Education adopted a revised budget plan to present to voters on Tuesday, June 21, following the defeat of the initial budget proposal.

*The revised plan falls within the district’s tax levy cap of 0.657 percent and represents a reduction of $432,810 from the original spending plan.*A budget hearing has been set for Tuesday, June 7, at 7:30 p.m. in the Elwood Middle School auditorium. The revised 2016-17 budget will be presented and the Board plans to vote on some business items.

The budget revote will be held on Tuesday, June 21, from 2-10 p.m. at Elwood Middle School.