Hamilton, IL – The Hamilton School Board has approved the district's budget for the current fiscal year. Hamilton's total spending plan is about $4,850,000 for the fiscal year that began in July. About 75% of that is the educational fund, which pays for teacher salaries and day-to-day operations within the district. Superintendent Steve Breckon says for the first time in years, that fund is projected to end the year in the black. He says that is due to the voters shifting part of the property tax rate to the educational fund.