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Chicago Board of Education holds Bond Issue Notification Act hearing on $1.8 billion bond authorization
Summary
The Chicago Board of Education held a public hearing Dec. 18, 2025, to receive comments on a proposal to authorize up to $1.8 billion in general-obligation alternate-revenue-source bonds. Staff outlined the three-step issuance process and said any sale would be discussed in a later resolution.
The Chicago Board of Education held a Bond Issue Notification Act hearing on Dec. 18, 2025, to receive public comment on a proposal to authorize up to $1,800,000,000 in general-obligation alternate-revenue-source bonds, President Sean B. Harden said. The board is scheduled to vote on the authorization at its regular meeting later the same day.
Finance staff presenting the proposal (identified in the record as Mr. Stock) said the district follows a three-step process under Illinois law: the public hearing to explain the…
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