Long-term visioning and financial forecasting are crucial aspects of the operations of a school district. The District 106 Finance Advisory Committee (FAC) provides guidance to the Superintendent and Director of Operations/CSBO on a variety of topics, including:

• Annual budget
• Local tax levy
• Capital projects planning (e.g., roofs, construction, equipment)
• Funding mechanisms (e.g., bonds)
• Allocation of resources by fund
• Forecasting of revenues/expenses (e.g., curriculum adoption, changes to staffing levels, technology infrastructure improvements)
• Other topics impacting district finances
• Through input from all members, the FAC (a) provides feedback to support the day-to-day work of the Director of Operations/CSBO, and/or (b) provides a recommendation to the full Board of Education for further discussion.

The FAC is structured to gain insight from multiple stakeholder perspectives, and is therefore comprised of Board members, district administrators, and community members.

FAC Membership:

• Jennifer Dunleavy (Board member)
• Aquila Lykouretzos (Board member)
• Ibrahim Al-Qamari (Community Member and Parent)
• Mike Cavato (Community Member and Parent)
• Laura Newman (Community Member and Parent)
• Katie Hannigan (Director of Operations/CSBO)
• John Munch (Superintendent)