Financing Plan - Eliminates Need for Tax Rate Increase

  • How was the $420 million bond amount determined?

  • What is the math behind the “no tax rate increase”?

  • How much revenue would the 37-cent per $100 of EAV generate?

  • What is the tax impact of the tax levy that will expire soon and which would be replaced by the new bond referendum tax levy?

  • Fiscal Stewardship​

    • History of balanced operating budgets​
    • “Recognition” status from ISBE, the highest status awarded​
    • ‘Aa1’ Bond Rating from Moody’s​
    • Transparent and accountable process​
      • Annual Budget hearing and budget posting​
      • Compliant with truth in taxation requirements​
      • Annual financial and compliance audits​
      • Current with all required regulatory filings​
      • Recipient of ASBO “Certificate of Excellence” Award​
      • All financial documents available at ipsd.org/businessoffice

    ASBO Certificate of Excellence in Financial Reporting