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Stevenson board approves closing memo for Feb. 2025 working-cash bond sale and transfers $14.84 million to operations fund
Summary
The Adlai E. Stevenson HSD 125 Board approved the closing memo and official statement for the district's February 2025 working-cash bond sale and voted to move $14,837,139 from the working cash fund to reimburse operations and maintenance expenses.
The Adlai E. Stevenson High School District 125 Board of Education on March approved the closing memo and official statement for the district's February 2025 working-cash bond sale and voted to transfer $14,837,139 from the working cash fund to the district's operations and maintenance fund to reimburse capital-related expenses.
Board finance staff said the sale, conducted earlier in March, drew strong market interest. "We had over 15 different bidders," said Sean (staff member), and Liz Hennessy, identified by staff as the district's representative for…
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