District 88 appoints Director of Business Services as Chief Financial Officer, effective July 1, 2023

During its June 20 meeting, the District 88 Board of Education approved the administration’s recommendation to appoint District 88 Director of Business Services Ryan Domeracki (pictured above) as Chief Financial Officer, effective July 1, 2023.

Domeracki will succeed Chief Financial Officer Ed Hoster, who will retire at the end of the 2022-23 school year. Hoster joined the District 88 family in 2013 with a wealth of experience as Business Manager at Argo Community High School District 217, Assistant Superintendent for Business/Treasurer at Hinsdale Township High School District 86 and Coordinator of Business Services at Glenbard Township High School District 87. District 88 is grateful for Hoster’s leadership and contributions to ensure stable and transparent fiscal management, and the district wishes him well in retirement.

It is the priority of the Board of Education and administration to maintain the stability of the Business Office and continue the district’s tradition of student-centered, equitable support of educational programs, as well as a high level of customer service. To ensure the district has a seamless transition in the Business Office, the Board of Education approved the administration’s recommendation to name Domeracki as Assistant Chief Financial Officer for the 2022-23 school year. The district will work to fill the Director of Business Services position this fall.

“My goal is to maintain the high-caliber financial status and adequacy we’ve established and continue to be a good steward of the district’s resources,” Domeracki said. “I plan to ensure we sustain our strong financial ratings, including Aa1 from Moody’s and the highest level of Recognition for the financial rating from the Illinois State Board of Education. I will be transparent with stakeholders and explain the complexities of our budget in a way that helps them understand our finances, as well as the ‘how and why’ behind our decisions.”

Domeracki said he looks forward to working with the district and community to address future challenges such as balancing the Consumer Price Index (CPI) and increasing costs of materials and services, filling vacancies within the district and maintaining programming that’s currently being funded by the American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) Fund. Another goal Domeracki is looking to accomplish is developing multi-year plans for various areas of the district, similar to the district’s five-year facility plan, to be as fiscally prepared and responsible as possible.

Domeracki has served as Director of Business Services for four years, where he has worked closely with accounts receivable and payable, student transportation, the National School Lunch Program, building operations and safety procedures/trainings. He earned his bachelor’s degree in finance from Western Illinois University and his master’s degree in educational administration from Northern Illinois University. He also received his Chief School Business Official certification from Northern Illinois University. Prior to coming to District 88, Domeracki was the Assistant Director of Finance & Operations for North Chicago Community Unit School District 187 and an Operations Manager with Aon Hewitt.

“Domeracki’s professionalism, attention to detail, work ethic and passion for the district make him an ideal candidate for this role,” said District 88 Superintendent Dr. Jean Barbanente. “We have every confidence Domeracki will continue to be a tremendous asset to the district, and we look forward to all he will bring to these new roles.”

Domeracki said District 88 is a special school district, and he’s excited for his new position.

“Our student and staff demographics are multifaceted, and everyone is on his or her personal journey and comes from all walks of life,” Domeracki said. “It’s a very welcoming environment, and everyone is valued and respected.”

Domeracki lives in McHenry with his wife, Amanda, and their three children, William, Charlotte and Margaret.