Business Services
District 102 mindfully balances fiscal responsibility with a drive to meet strategic goals and maintain quality programs and facilities.
District Office Summer Hours June 6-July 31
Monday – Thursday 7:30 a.m.-3:30 p.m.
Friday – Closed
For residency verification, you may drop off your documents through the mail slot in the main door facing Abbott Ct.
District Office: 1351 Abbott Court, Buffalo Grove, IL 60089
See how D102 students discover the challenges of running a business, creating a product, and presenting the plan to an authentic audience.
The largest source of income to District 102 is derived from property taxes. Approximately 10% of district revenue is received from state or federal funds which are used for Special Education and transportation. Deciding on how funds will be spent is called the budget process, which is driven by the district’s annual goals and initiatives. The budget is a product of collaborating with all stakeholders to gather feedback on district, department, and building initiatives and action for the current year. The goal during the budget process is to adopt balanced budgets in all funds and to maintain fund balance levels of at least 150 days Cash on Hand as defined in the Financial Profile Summary of the Illinois State Board of Education’s Annual Financial Report.
How does funding for education work?
Here are some pamphlets that may help clarify the funding process.
Mechanics of a School District Budget: A Guide to Understanding the Illinois School District Budget Process (Developed by the Illinois State Board of Education.)
Understanding School Finance (Developed by the Illinois Association of School Boards.)
Declining EAV, Rising Tax Rates and How Do We Explain It? (Developed by the Illinois Association of School Boards.)
Disclosure of Federal Participation (Stevens Amendment)
Projects or programs funded in whole or in part with Federal grant money must credit the Federal government for the Federal government’s portion of the financial support. This web page citation informs the public that the use of Federal dollars in Aptakisic-Tripp CCSD102 meets the Stevens Amendment requirement. Staff development opportunities, resource purchases, and personnel have been funded in whole or in part with Federal entitlement dollars.