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Norridge SD 80 board adopts tentative 2025 levy and approves loans from working cash
Summary
At its Nov. 18 regular meeting the Norridge School District 80 Board approved resolutions to loan working cash to the Educational and Transportation funds and adopted the district's 2025 tentative tax levy in unanimous votes.
At a Nov. 18 meeting in the Leigh School gymnasium, the Norridge School District 80 Board of Education approved three action items authorizing loans from the district's Working Cash Fund to the Educational and Transportation funds and adopted the 2025 tentative tax levy.
The motion to approve action items 16A–16C was moved by Mrs. McPhillips and seconded by Mrs. Theodore; the minutes record a unanimous voice vote with "YEA" from all six members present (Mr. Poljak, Mrs. Erbach-Bamfield, Mrs. McPhillips, Mrs. Theodore, Mr. Berardi and Mr. Tribuzio) and the motions passed. The board did not provide additional detail in the minutes about the loan amounts or levy rate; the items were recorded as adopted and the tentative levy will proceed through the district's required public and legal processes.
The resolutions are recorded in the meeting packet as: (A) Resolution Authorizing Loan from the Working Cash Fund into the Educational Fund; (B) Resolution Authorizing Loan from the Working Cash Fund into the Transportation Fund; and (C) Approval of the 2025 Tentative Levy. The board's finance committee had presented the 2025 Estimated Tax Levy as part of committee reports earlier in the meeting.
