Naperville District 203 to rebate taxpayers $10 million in surplus funds Naperville Unit District 203 is giving some property tax money back as a result of a budget surplus resulting from the pandemic. daily herald file photo, 2014
Updated 1/22/2021 6:21 PM
Faced with an unexpected surplus after schools shut down last spring, Naperville Unit District 203 plans to repay taxpayers a total of $10 million to help ease the financial burden of the COVID-19 crisis.
The statewide stay-at-home order halted in-person operations from March through the end of the 2019-20 academic year, saving the district money in areas of utilities, transportation, food service and staffing, Chief Financial Officer Michael Frances said.