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Board approves tax anticipation warrants, interfund loan, levy estimate and grant application in unanimous votes
Summary
At its Nov. 13 meeting Park Ridge CCSD 64 approved a series of financial and personnel actions: tax anticipation warrants up to $9.25M, an interfund working-cash loan to cover bond payments, the 2025 tentative levy with a Truth-in-Taxation hearing set for Dec. 18, a $50,000-matching ISBE school maintenance grant application, and a remedial warning notice for an employee; all votes were unanimous.
The Park Ridge CCSD 64 board approved several formal actions on Nov. 13 in a string of roll-call votes, each carried unanimously by members present.
Tax anticipation warrants: The board approved Resolution No. 1370 authorizing the issuance of taxable tax anticipation warrants not to exceed $9,250,000 in anticipation of the collection of 2024 taxes for educational purposes. Trustee Andrew moved the resolution and Vicky seconded; the board then conducted a roll-call vote with all members present voting yes.
Interfund loan for bond payments: The board approved Resolution No.…
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