The Elwood school board has canceled a 7:30 p.m. work session and budget meeting Thursday.

The meeting was slated to be the district's fourth budget work session, this time taking a close look at spending on instructional programs, technology and athletics.

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Superintendent Peter Scordo has said the district will need to ask voters for permission to bust the 1.8 percent tax cap. In December, the most recent projection available, school officials anticipated proposing a 3.67 percent tax levy increase to cover its draft $59.6 million budget.

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The district has $769,855 in undesignated reserves, a fraction of the maximum $2.4 million -- or 4 percent -- state law would allow Elwood to have. The school district is projecting an increase in state aid amounting to an estimated $12.6 million.