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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. 1371 to loan funds from the working cash fund into the bond-and-interest fund so the district can meet debt payments due Dec. 1. Trustees stated the loan will be repaid as tax revenues come in.
Tentative levy and truth-in-taxation hearing: Trustees approved the 2025 tax-levy estimate and set the truth-in-taxation hearing. A clerical discrepancy in the proposed hearing date in the motion was corrected by a friendly amendment: the hearing was set for Dec. 18, 2025, at 7 p.m., and the amended motion passed on a roll-call vote.
ISBE school maintenance grant application: The board authorized staff to submit an ISBE school maintenance grant application, a dollar-for-dollar match program that provides up to $50,000 of ISBE funding for a permanent improvement project. Staff noted the district will identify the specific project before the Jan. 30 application deadline.
Personnel resolution: The board approved a resolution authorizing issuance of a notice of remedial warning for employee Kirsten Bublitz.
Consent agenda and adjournment: The board also approved the consent agenda for Nov. 13, 2025. Discussion during consent included renewing the intergovernmental agreement with the O'Hare Noise Compatibility Commission; staff said the commission offers building insulation and related programs to reduce aircraft noise impacts.
Votes at a glance (roll-call summaries from the transcript): All recorded votes for the listed actions were affirmative by the members present. The roll-call names appearing in the transcript include Doubleday, Milligan, Klein, George Aikis, Kempel, Rankin and Luisi.
Reporters’ note: motions and roll-call language are reported verbatim from the Nov. 13 meeting transcript and board packet references.
