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Park Ridge CCSD 64 adopts 2025 tax levy, approves $24.5 million bond issuance and supplemental levy
Summary
The Board of Education approved the district's final 2025 tax levy and related resolutions, authorized a building bond sale not to exceed $24,500,000 and adopted a supplemental levy to account for CPI adjustments on prior bonds; votes were recorded by roll call.
The Park Ridge Community Consolidated School District 64 Board of Education adopted its final 2025 tax levy on Dec. 18, 2025, and voted to proceed with a referendum bond issuance and a supplemental levy to cover updated debt-service needs. The actions passed by recorded roll-call votes after the board convened a public hearing earlier in the meeting.
The board first convened a public hearing on the 2025 levy for transparency and reviewed fund balances as of June 30: Educational $25,449,863; Operations & Maintenance $6,573,358; Debt Service $1,999,556; Transportation $3,960,203; Municipal Retirement/Social Security $974,313; Capital Projects $56,885,708; Working Cash…
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