$3 million in bonds
PRINCETON — The Princeton Elementary School Board will go out for $3 million in general obligation bonds to help meet expenses for the next three years.
At this week’s meeting, Superintendent Tim Smith said the $3 million in bonds is about $1 million more than issued three years ago. Part of that reason is the district is receiving $600,000 less annually in general state aid than it did three years ago.
In giving his financial report Monday night, Smith said the district is currently owed $664,688 from the state of Illinois. Of that amount, $491,226 is due in the education fund with 49 percent of that amount due in the Early Childhood Block Grant. The remaining $173,462 owed by the state is owed in the transportation fund.
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at firstname.lastname@example.org