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Finance committee recommends $2.75 million HLS bond to fund planned projects
Summary
The Washington Community High School Finance Committee voted 3–0 to recommend the Board issue $2.75 million in HLS bonds to fund planned HLS projects after reviewing multiple scenarios and discussing taxpayer impact and interest-rate uncertainty.
The Finance Committee of the Washington Community High School Board of Education recommended that the full Board issue $2.75 million in HLS bonds to fund planned HLS projects.
Committee members reviewed multiple bond-sale scenarios including term lengths, interest-rate assumptions and potential tax-rate increases. Bernardi noted municipal bond rates are currently at a historical low, and members emphasized minimizing impacts to taxpayers amid uncertain future rates. Buck moved and Kopinski seconded the recommendation; the roll call vote recorded Yes votes from Essig, Kopinski and Buck, and the motion carried 3–0.
