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Board approves resolution abating 2024 taxes for Series 2023 GO school bonds

Board of Education, South Fork SD 14 · October 16, 2024
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Summary

The board approved a resolution abating taxes levied for 2024 to pay debt service on the General Obligation School Bonds (Alternate Revenue Source), Series 2023, Community Consolidated School District Number 14, Christian County, Illinois.

The South Fork SD 14 Board voted to approve a resolution abating the taxes levied for the year 2024 to pay debt service on the General Obligation School Bonds (Alternate Revenue Source), Series 2023, of Community Consolidated School District Number 14, Christian County, Illinois. The motion was made by Aymer and seconded by Wake; roll-call recorded approval by Bourlard, Wake, Aymer, Brandon, Burchi, Harris and Dulakis.

The resolution as recorded pertains specifically to abating previously levied taxes to satisfy debt service obligations on the district’s Series 2023 bonds. The transcript does not include the legal text of the resolution or dates of effect beyond the 2024 tax year reference in the item description.

Because the item has direct legal and fiscal implications, district financial officers or the posted board packet should be consulted for the resolution’s full text and any impacts on local tax levies or debt-service schedules.