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Round Lake nears local control
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Newspaper Article
Round Lake nears local control
2009
Overview
Under the state-created authority, the elected school board was removed from making any financial decisions for District 116. The school finance authority has been in charge of the districts chief executive officer, chief education officer and chief financial officer. George Lingel, a retired school business manager from Rockford whos been on the authority since its 2002 inception, said a recent audit indicates District 116 has its finances in order. The district has eliminated the once-staggering short-term debt and now has an education fund thats $25.7 million in the black. \"The state is in such a financial calamity, Im concerned about the district,\" said [Ben Martindale], who no longer would be involved at District 116 as chief executive officer if the state authority ends its oversight as expected. \"Its a major hire for this district,\" Martindale said. \"Its a real big thing.\"
Publisher
Daily Herald
Subject
