Palatine school board approves $130 million building referendum for November ballot – Illinois Policy

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Mike
9 years ago

Vote no on any bond referendum that does not present the complete bond service debt schedule (annual principal, estimated interest, and estimated total payments for the life of the bonds).

Vote no on any bond referendum that does not present the estimated annual property tax payments for a property taxpayer the life of the bonds.

Vote no on any bond referendum which does not present the estimated costs to issue the bonds (bond counsel, underwriter, financial advisor, etc.).

A state law should be passed requiring the above disclosures for any bond referendum and non referendum bonds.

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