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CUSD 200 board votes to post tentative amended FY2026 budget after bond sale recap
Summary
The board voted to post the tentative amended fiscal 2026 budget and set a public hearing for May 13, 2026, after hearing a recap of a $75.5 million bond sale (average interest ~3.56%), higher special‑education outplacement expenses and updated revenue projections including Medicaid and TIF reimbursements.
The Community Unit School District 200 board voted to post a tentative amended fiscal year 2026 budget and set a public hearing for May 13, 2026, after a presentation from district finance staff detailing how a recent bond sale and shifting reimbursements affected the district’s projections.
Dr. O’Keefe reviewed a January bond sale that closed in February for $75.5 million. He said the average true interest cost for the issuance is about 3.56 percent…
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