Delavan-Darien School Board approves paying off loan

By Michael S. Hoey

Correspondent

The Delavan-Darien School board borrowed just under $1 million from the state trust fund after a referendum failed in 2015. As a result of fewer students than expected leaving through open enrollment, the district can now afford to pay off that loan, per a discussion at Monday’s meeting.

Business Administrator Anthony Klein said he budgeted for 35 students to leave the district through open enrollment this school year in the event the November $2.8 million referendum failed. It succeeded, so most of those students stayed in the district.

Klein was forced to budget as if they were leaving, he explained, because once they fill out the paper work he is forced to assume they would leave. Since most stayed, the district saved $650,000 it would have had to pay to the school districts those students would have transferred to.

Read more from the meeting in the April 25 Delavan Enterprise.

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