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Bloomington-Normal’s strong economic growth last year likely will help Unit 5 use less borrowed money to balance its budget, when the fiscal year ends in June.
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McLean County's largest school district is home to more than half of Illinois K-12 schools awarded the Energy Star rating in 2023.
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With this levy, Unit 5 property owners should see the tax rate decrease about 22 cents, to about $5.30 per $100 of equalized assessed valuation [EAV].
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Unit 5 is proposing a nearly $151 million property tax levy for 2023, about 10% more than last year. But the district plans to lower its overall tax rate.
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A partnership between Unit 5 and Eastern Illinois Foodbank brings a monthly food pantry to Normal West. Now, a local chapter of the National Pan-Hellenic Council has made volunteering at the events a core part of its community outreach.
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Unit 5’s strategic planning initiative is gaining momentum, with a draft expected by March, the school board heard during its meeting on Wednesday.
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Unit 5 Superintendent Kristen Weikle said it's high time for a refresh of the school district's strategic plan. The current plan came out in 2016, and Unit 5 is in the middle of updating the guide.
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The tentative FY23-24 budget is about 10% higher than last year, and includes a $173 million operating plan.
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Northpoint Elementary School and several other Unit 5 buildings are getting solar panels, with the district expecting long-term energy savings.
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McLean County’s largest school district is considering using solar panels on some buildings, after a year of researching the possibility.