LW 210 Ends Year With Budget Surplus

NEW LENOX, IL -- Lincoln-Way Community High School District 210 ended the 2017 fiscal year with a surplus of more than $3 million. The difference in the 2017 total from 2016 was significant as the previous year ended with a deficit of $4.2 million, according to a Daily Southtown report.

LW 210 Finance Director Kelly Luzzo showed a final surplus of $3.1 million in her report to the board of education last week. It was a positive swing that totaled $7,360,019.

Since June 2016, district officials voted to close Lincoln-Way North High School and cut 31 staff members. Numbers show the district spent $6.5 million less than the year before and brought in about $2.7 million more.

The numbers do not include recent land sales made by LW 210, including one of a chunk of land on Smith Road in Manhattan in which local officials there have discussed developing into the site of a sports complex operated by the Manhattan Park District.

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