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Board certifies tentative 2024 tax levy schedule; bond market and timeline reviewed

River Trails School District 26 Board of Education · November 12, 2024
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Summary

The board approved certifying the tentative 2024 tax levy and a schedule leading to a Dec. 10 public hearing and final filing by Dec. 31; Raymond James presented on second round bonds and market conditions.

Assistant Superintendent for Business Services Ryan Berry reviewed the tentative 2024 tax levy and a calendar for publication, a public hearing and final filing; the board voted to approve certification of the tentative levy and the proposed schedule. Mrs. Rebecca Pfisterer moved, Mr. Robert Rognstad seconded; the motion passed 6–1 with Mrs. Louis Camardo recorded as the lone no vote.

Earlier in the meeting Ms. Liz Hennessy of Raymond James reviewed market conditions, a legislative update and the long-term funding plan for the district's capital program and provided a timeline for a potential bond issuance (described in the meeting as second round bonds). The presentation was informational; no bond sale was finalized at the Nov. 12 meeting.