Morton District 201 holds public hearing on proposal to sell up to $102 million in bonds

The Board of Education of J. Sterling Morton High School District 201 convened a public hearing Wednesday, Jan. 14, 2026, in the Garden Terrace Room at the Morton District Office to discuss a proposal to sell one or more series of bonds not to exceed $102,000,000. The stated purposes of the proposed issuance were to create or increase the districts working cash fund and to pay the costs of issuance of the bonds.

No formal motion or roll-call vote to approve the bond proposal appears in the minutes. The hearing record states that audience comments were "None," and the board adjourned immediately after the roll call establishing a quorum. The minutes therefore reflect discussion only; there is no administrative action recorded that would authorize the sale at this hearing.

The meeting was called to order at 5:11 p.m. by Member Jeffry Pesek, and Board Clerk Connie Chapman conducted the roll call. Present were Members Fernando Godinez, Mark Kraft, Jeffry Pesek and Sandra Tomschin; Members Maria A. Gallegos, Jessica Jaramillo-Flores and Dr. Margaret Kelly were listed as absent. Superintendent Dr. Michael Kuzniewski and Assistant Board Clerk Sally Walsh were noted as present in the attendance list.

The minutes describe the bond proposal with the precise amount and stated purposes: "discussion of the proposal to sell one or more series of bonds of the District in an amount not to exceed $102,000,000 for the purpose of (i) creating or increasing the Districts working cash fund and (ii) paying the costs of issuance of said bonds." The record does not identify a staff presentation, fiscal analysis, or a motion to move the proposal forward during this hearing.

Next steps are not recorded in the minutes. Because no vote or direction appears in the document, any formal authorization, timing, or structure for a bond sale would have to appear in a subsequent board meeting or in separate documentation not included in these minutes.