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Effingham Unit 40 board adopts bond resolutions; 30-day petition period begins
Summary
The Effingham CUSD 40 Board approved two resolutions declaring the intention to issue bonds — $38 million for capital claims and $19 million for working cash — triggering a 30-day petition period during which district voters may file for a referendum.
The Effingham CUSD 40 Board of Education on the May meeting voted to adopt two separate resolutions declaring its intention to issue bonds: $38,000,000 for paying claims against the district and $19,000,000 in working cash fund bonds. Board members approved both resolutions by roll call, starting a 30-day petition period during which registered voters in Unit 40 may submit petitions to force a referendum.
The move matters because adoption of the resolutions does not immediately sell bonds; it begins statutorily required public notice and a 30-day window for petitions. If a valid petition is filed, the board would be required to respond according to the legal process described in the resolutions and applicable state statutes.
Superintendent (district staff) told the board…
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