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District seeks state SMPG funds and delays bond-backed construction to 2027–28
Summary
Skokie D69 applied for a State Maintenance Project Grant to replace 61 univent HVAC units (estimated cost $117,425) and submitted a 10-year Health Life Safety Plan to ISBE; construction timelines slipped to Summer 2027 (Edison) and Summer 2028 (Madison) and the district recorded realized investment losses after delayed county tax distributions.
District administrators told the board on Jan. 20 that facilities work originally planned for Summer 2026 will be delayed because the project scope and contractor timelines are not feasible this summer.
The District submitted a 10-year Health Life Safety Plan (HLS) to the Illinois State Board of Education (ISBE), a required step before issuing bonds. Financial advisers from Raymond James presented bond issuance options at a subcommittee meeting; following contractor input, the District expects to issue bonds and accept bids in Fall 2026 with Edison construction in Summer 2027 and Madison construction in Summer 2028.
Separately, the District applied for the State Maintenance Project Grant (SMPG) for FY26 to replace HVAC univent units — 36 units at Madison and 25 at Edison. The estimated parts cost is $1,400 per univent ($85,400) plus $32,025 for labor, for a total project cost of $117,425; work is expected to extend useful life by about 15 years. The Board approved the SMPG project as part of the consent agenda.
The Business Office also reported that delayed Cook County property tax distributions forced liquidation of investments to maintain operations, producing a realized loss of $52,162 and an estimated $86,214 loss in interest for the year; district staff estimated a long-term impact of approximately $867,382 over ten years due to liquidation and lost interest.
