ViewGeneva 304
Frequently Asked Questions
Geneva School District strives to educate and inform its students, parents, staff, and community with up-to-date and factual information. Geneva School District also welcomes questions from the community.

Here you will find a stream of questions recently asked of the Board of Education and the Geneva School District administration. Please note that not all questions posed are answered in this forum. As new questions are asked and answered, older postings will migrate from this page to the links at right, which group questions and answers by topic.

If you would like to ask a question, please email the Geneva School District administration at [email protected] or the Board of Education at [email protected].
Recent Questions

How can I find out what’s involved in running for the School Board?
Posted 10/7/14
Three seats on the seven-member Geneva Community Unit School District 304 Board of Education will be filled at the April 7, 2015 Consolidated General Election. All of the seats are full, four-year terms ending in April 2019. For candidate information, click here.

Where can I find out more about the District's full-day kindergarten program?
Updated 03/31/15
District staff members have posted several recently asked questions and answers in the Full-Day Kindergarten link at right. Additional information may be gathered by calling your neighborhood elementary school's principal.
Why are the Geneva Music Boosters raising money for new band uniforms instead of the District paying for them outright?
Updated 03/31/15
Seventeen years ago, the Geneva Music Boosters successfully raised enough funds throughout the community to cover 50 percent of the cost of new band uniforms. When the topic of replacing the 17-year-old uniforms was raised last fall, the Music Boosters offered once again to help offset some of the cost to the District by fundraising. In the past, the Music Boosters supported the Geneva Theatre Boosters in a similar effort to raise money to help defray some of the cost of new auditorium seating at Geneva High School.
 
Bids for the band uniforms have been received and the Geneva Music Boosters are in the final throws of their efforts to raise the $56.5K needed to cover half of the uniforms. The goal is to have the new band uniforms for the 2015-2016 school year.
Can the District use its available cash to invest in its own bonds and earn more interest?
Posted: 11/6/2013
The District invests its funds with PMA and owns a mix of securities authorized under the Public Funds Investment Act, including municipal bonds. The District’s investment return for July 2012- June 2013 was $103,989. For the District to find its own bonds and invest in them to increase the return on investment is not only impractical but not necessary given the current investment strategy.
Can the District use its $40 million in fund balance to purchase its own bonds and reduce debt service?
Posted: 11/6/2013
The $40 million is not “available” just because it appears in the year end fund balance. The District receives six tax payments between May and October and must use that revenue to pay operating expenses every month throughout the rest of the year, necessitating a fund balance. Therefore, that much cash is just not available to tie up in a long-term investment.
 
Additionally, for the District to use cash to purchase its bonds on the open market, pay them off, and reduce debt service is often uneconomical. William Blair (the District’s financial consultant) continues to try to find willing sellers of the District’s bonds that may result in a tender offer (the process required to buy back non-callable bonds). The owners of some of the District’s bonds have been willing to sell at prices that would be uneconomical for the District to pay. Owners of District bonds that are looking to sell them occurs every now and then but are in small pieces and often trade before the District can follow the legal requirements to authorize a buy back and tender offer.
How do Geneva students traditionally fare on the ACT?
Posted: 8/21/2013
Geneva High School’s graduating class of 2013 achieved a record average ACT composite score of 24.6. The average composite ACT score for 2013 graduates state-wide is 20.6. Nationwide, the composite score is 20.9. District 304 has seen an impressive 2.3-point increase in composite score in the last decade – from 22.3 in 2004 to 24.6 in 2013.