Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540

1 Monday, November 17, 2025 Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 1. Call to Order and Motion for Closed Session Subject 1.01 Call to Order Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Procedural File Attachments 1. Call to Order and Motion for Closed Session Subject 1.02 Motion to go into Closed Session Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Procedural File Attachments 2. Closed Session Subject 2.01 Pursuant to 5 ILCS 120/2(c)(21) Discussion of minutes lawfully closed under the Open Meetings Act, whether for purposes of school board approval of the minutes or semi-annual review of the minutes as mandated by the Act.10/20/2025, 10/23/2025 11/03/2025 Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Action File Attachments 2. Closed Session Subject 2.02 Pursuant to 5 ILCS 120/2(c)(1) The appointment, employment, compensation, discipline, performance, or dismissal of specific employees or legal counsel, including hearing testimony on a complaint lodged against an employee or legal counsel to determine its validity. Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments 2. Closed Session Subject 2.03 Pursuant to 5 ILCS 120/2 (c)(11) Litigation, when an action against, affecting or on behalf of the school board has been filed and is pending before a court or administrative tribunal or when the school board finds an action is probable or imminent, in which case the basis for the finding shall be recorded and entered into the minutes of the closed meeting. Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments 2. Closed Session Subject 2.04 Pursuant to 5 ILCS 120/2(c)(9) Student Disciplinary Cases. Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments 3. Meeting Opening Subject 3.01 Welcome and Mission Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Procedural Our Mission ... is to empower students to develop a learner's mindset , demonstrate adaptability , communicate effectively, think critically and become global citizens . File Attachments 3. Meeting Opening Subject 3.02 Roll Call Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Procedural File Attachments 3. Meeting Opening Subject 3.03 Pledge of Allegiance-Kingsley Elementary School Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments 4. Recognition Subject 4.01 Good News Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments Good News 11.17.25.pdf (1,455 KB) 4. Recognition Subject 4.02 Student Ambassador Reports Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments 5. Public Comment Subject 5.01 Please limit comments to 3 minutes if you are speaking as an individual; 5 minutes if representing a group Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments 6. Monthly Reports Subject 6.01 Treasury Report Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments Treasury Report 9-30-25.pdf (117 KB) 6. Monthly Reports Subject 6.02 Investments Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments Investments 9-30-25.pdf (41 KB) Cash and Investments 9-30-25.pdf (442 KB) Health Investments 9-30-25.pdf (31 KB) 6. Monthly Reports Subject 6.03 Insurance Report Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments Insurance Fund Board Report 9-30-25.pdf (63 KB) 6. Monthly Reports Subject 6.04 Budget Report Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information Board Meeting: 11/17/25 STAFF CONTACT: Michael Frances, CFO/CSBO SUBJECT: Budget Report as of September 30, 2025 RECOMMENDATION: N/A BACKGROUND: Attached is the budget report for September 2025. The first page compares the current month to the same month from last year with the corresponding percentage change for both revenue and expense. It is then further broken down by showing the actual current month’s activity in each individual fund. The second page looks at previous and current year-to-date revenues and expenditures and compares them with last year’s actuals and the current budget, with corresponding percentages. Also included are the two dashboard reports, one for revenue and one for expenses that show some high-level results that includes both actuals and well as how we compare against monthly projections at this point in the year. We recently received the FY25 Annual Financial Report. The fund balances in these reports have been updated with the numbers from that report. Revenue: With the September property tax distribution, we have received over 92% of budgeted local revenue and 85% of total budgeted revenue for the year. Both State and Federal revenue are at similar levels at this time of the year compared with historical figures. The first quarter State categorical reimbursements have been received and will post in the October report, while we continue to receive our FY25 Evidence Based Funding twice per month as scheduled. Expenditures: Overall, on a percentage basis to budget, expenses are at a very similar pace compared to a year ago through September. We will continue to monitor the salary and benefit cost impact of the recent adopted teacher labor agreement and expect to bring an amended budget later in the year to accommodate the additional expenses. There is nothing else out of the ordinary to report at this time. FISCAL/PERSONNEL IMPACT: N/A ENCLOSURES: Budget Report as of September 30, 2025 Revenue Dashboard Expense Dashboard File Attachments Budget Report 9-30-25.pdf (317 KB) Revenue Dashboard - September 2025.pdf (275 KB) Expense Dashboard - September 2025.pdf (282 KB) 7. Action by Consent Subject 7.01 Bills and Claims Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Action (Consent) File Attachments Check Breakdown November 2025.pdf (60 KB) ClaimSums November 2025.pdf (112 KB) 7. Action by Consent Subject 7.02 Adoption of Personnel Report Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Action (Consent) File Attachments Personnel BOE Memo 11.17.25 (signed).pdf (743 KB) 7. Action by Consent Subject 7.03 Board Meeting Minutes: 10/20/2025, 10/23/2025, 11/03/2025 Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Action (Consent) File Attachments BOE Open Session Minutes October 20 2025.pdf (304 KB) BOE Open Session Minutes October 23 2025.pdf (109 KB) BOE OpenSession Minutes November 3 2025.pdf (268 KB) 7. Action by Consent Subject 7.04 Closed Minutes 10/20/2025, 10/23/2025, 11/03/2025 Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments 7. Action by Consent Subject 7.05 Naperville Development Contribution Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Incorporated in 1995, the Naperville Development Partnership is a public / private economic development organization that promotes business interests in the City of Naperville. The Partnership's mission is to enhance the economic vitality of Naperville and maintain its outstanding quality of life through the retention and expansion of existing businesses as well as attracting new businesses to the community. The Partnership's board of directors includes representation from leaders in the business community as well as the City of Naperville, School Districts 203 and 204, Naperville Park District, and the Naperville Public Library. They support our interests by keeping us abreast of planned residential and corporate development. In addition, they support the notion that “Naperville sells itself” and property tax reductions and/or tax increment financing districts should be last resorts and only when the long term good outweighs the short term tax break. NDP consults with us when they need an opinion on how a development may impact our school district. In addition, NDP has become close school business partners with District 203 as primary facilitators of architecture class projects to redesign the Ogden corridor, 5th Avenue, and Naper Settlement. This annual project is one of the truest authentic learning experiences our students receive. File Attachments School Dist 203 - NDP inv2025.pdf (115 KB) 7. Action by Consent Subject 7.06 Student Discipline as Discussed in Closed Session Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments 8. Communications Subject 8.01 Written Communications Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments Allium Data September 23 2025 FOIA Request.pdf (298 KB) Watts October 14 2025 FOIA Request.pdf (311 KB) Zhang October 16 2025 FOIA Request.pdf (349 KB) Kumar Rahmen October 21 2025 FOIA Request.pdf (417 KB) Wenig October 31 2025 FOIA Request.pdf (365 KB) Medlin November 4 2025 FOIA Complete.pdf (231 KB) Smart Procure November 4 2025 FOIA Request.pdf (287 KB) 8. Communications Subject 8.02 Board of Education Reports Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments 8. Communications Subject 8.03 President's Report Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information File Attachments 8. Communications Subject 8.04 Superintendent/Staff/School Report Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Report File Attachments 8. Communications Subject 8.05 Audit Report Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments Memo ~ Fiscal Year 2025 Audit.pdf (213 KB) 2025 AFR Summary.pdf (91 KB) Naperville Community Unit School District No. 203 - SAS 114.pdf (315 KB) Naperville Community Unit School District No. 203 Management Letter 25.pdf (628 KB) Naperville Community Unit School District No. 203 AFR 25.pdf (1,072 KB) 8. Communications Subject 8.06 Five Year Financial Forecast Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments Five Year Financial Forecast 11-17-25.pdf (554 KB) 9. Discussion without Action Subject 9.01 2025 Tax Levy Determination Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type STAFF CONTACT: Michael Frances, CFO/CSBO SUBJECT: Determination of the 2025 Tax Levy RECOMMENDATION: Approval of Tax Levy Determination as presented BACKGROUND: Annually the District sets a tax levy which provides the District with over 85% of its total revenue. The setting of the annual tax levy is governed by the Truth in Taxation Law, School Code, Property Tax Code, and Property Tax Extension Limits Law (PTELL). Each of these laws has specific requirements that must be followed. Truth in Taxation Law (the "Act"): Requires that at least 20 days prior to the adoption of the levy, the Board of Education must estimate the aggregate levy for the year. Please note that because the 2025 estimated tax levy represents less than a 5% increase over last year’s tax extension, the District is not required to publish a public notice nor hold a public hearing on said tax levy. If the Board ultimately adopts a higher tax levy that does exceed a 5% increase over last year’s extension, a notice must be published within 15 days after the levy’s adoption. School Code and Property Tax Code: Requires that the final levy must be adopted and filed with the County Clerk on or before the last Tuesday in December, which is December 31 st this year. The following timetable will satisfy the requirements of the above laws: November 17, 2025 Estimate the tax levy December 15, 2025 Adopt the 2025 tax levy December 31, 2025 Last date to file the levy with the County Clerks. Property Tax Extension Limits Law (PTELL): PTELL limits the amount taxes (aggregate extension) can increase over the prior year’s tax extension. Three factors determine the allowable tax growth under the PTELL laws: 1) amount of the prior year’s tax extension, 2) the increase in the Consumer Price Index for Urban (CPI-U) as of December 2024 (2.9%) , and 3) the amount of new construction added to the Equalized Assessed Valuation (EAV). The first two items are already known, but the final new construction numbers will not be known until March 2026, so the District must estimate the amount of new construction. To that end, early estimates indicate the amount to be approximately $33 million, however, for levy purposes we have estimated the new construction at $60 million to ensure all additional new growth is captured. Once the final new construction numbers are known, the County Clerk will adjust the tax levy to reflect the final new construction number provided it does not exceed our estimate. Based on these factors the total extension is estimated to increase at 3.34% over the prior year’s taxes. Existing taxpayers will experience an average increase of 2.9%. Abatement of Debt Service Levy: The Debt Service portion of the levy will be $98,150, which is levied by the County Clerk unless the District files tax abatement by March, 2026. Administration tentatively recommends not abating the Debt Service Levy. The Board will be asked to make the final decision regarding the Debt Service abatement at the March 2, 2026 board meeting. FISCAL/PERSONNEL IMPACT: TBD ENCLOSURES: 2025 Tax Levy Presentation 2025 Tax Levy Resolution (voted on at the December 15, 2025 Board meeting) 2025 Certificate of Tax Levy (signed after December 15, 2025 Board meeting) Fund Balance disclosures per PA 102-0895 and PA 103-0394 File Attachments 2025 Tax Levy Presentation.pdf (1,024 KB) 2025 Tax Levy Resolution.pdf (103 KB) Certificate of 2025 Tax Levy.pdf (148 KB) PA 103-0394.pdf (88 KB) Treasury Report 9-30-25 PA 102-0895.pdf (117 KB) 9. Discussion without Action Subject 9.02 2027-2028 Calendar Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments SY28 Calendar Proposed Presentation Memo.pdf (150 KB) DRAFT SY28 Calendar1 pdf.pdf (206 KB) 10. Discussion With Action Subject 10.01 Summer School 2026 Program Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments 2025 Report.pdf (1,456 KB) 2026 Proposal.pdf (247 KB) 2025_2026 Summer Learning Overview and Recommendations.pdf (764 KB) 10. Discussion With Action Subject 10.02 2026 Summer School Fees Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments 10. Discussion With Action Subject 10.03 Transportation Facility Update Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type File Attachments Transportation Facility Design Update.pdf (188 KB) 11. Old Business 12. New Business 13. Upcoming Events Subject 13.01 Schedule of Events Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Information Monday November 17, 2025 Board of Education Meeting PSAC 7:00 pm Wednesday-Friday November 26-28, 2025 Thanksgiving Holidays Monday December 15, 2025 Board of Education Meeting PSAC 7:00 pm Monday-Wednesday December 22-31, 2025 Winter Break Thursday-Friday January 1-2, 2026 Winter Break Tuesday January 6, 2026 Board of Education Meeting PSAC 7:00 pm Monday January 19 Martin Luther King Holiday Tuesday January 20, 2026 Board of Education Meeting PSAC 7:00 pm Monday February 2, 2026 Board of Education Meeting PSAC 7:00 pm Monday February 16, 2026 Presidents’ Day Tuesday February 17, 2026 Board of Education Meeting PSAC 7:00 pm Monday March 2, 2026 Board of Education Meeting PSAC 7:00 pm Monday March 16, 2026 Board of Education Meeting PSAC 7:00 pm Monday-Friday March 30-April 3, 2026 Spring Vacation Monday April 6, 2026 Board of Education Meeting PSAC 7:00 pm Monday April 20, 2026 Board of Education Meeting PSAC 7:00 pm Monday May 4, 2026 Board of Education Meeting PSAC 7:00 pm Monday May 18, 2026 Board of Education Meeting PSAC 7:00 pm Monday May 25, 2026 Memorial Day Monday June 1, 2026 Board of Education Meeting PSAC 7:00 pm Monday June 15, 2026 Board of Education Meeting PSAC 7:00 pm Friday June 19, 2026 Juneteenth File Attachments 14. Adjournment Subject 14.01 Motion to Adjourn Meeting Nov 17, 2025 - Business Meeting 7:00 p.m., Closed Session 6:00 p.m., District Administration Building, 203 West Hillside Road, Naperville, IL 60540 Type Procedural File Attachments