Barrington Area Unit District 220 wants voters to authorize borrowing $147 million. Voters last April rejected a request to borrow $185 million for facility upgrades.
District 220 is seeking authority to issue $147 million in school building bonds for a variety of projects to include paying for basic improvements at all schools in areas such as safety and security, plumbing, electrical, roofing and heating, ventilation and air conditioning.
Voters last April rejected a request to borrow $185 million for facility upgrades.
Due to existing debt the district expects to pay off in 2021, approval of the ballot measure would have the owner of a $500,000 home still see a net decrease of about $75 a year. Without the referendum, the same homeowner would see a reduction of $468.
Read about other Cook County ballot questions making news here. Lake County initiatives are also covered by the Daily Herald here.
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