District news
Board plans $3 million in working cash bonds
What happened
On November 19, 2025 the board voted unanimously to adopt a resolution declaring that it intends to issue $3,000,000 in Working Cash Fund bonds to add money to the district's working cash fund.
Why it matters to families
Bonds are borrowed money that taxpayers repay over time. A working cash fund gives the district cash to pay bills while it waits for tax money and can also be moved into other funds.
The evidence
November 19, 2025 minutes record the motion 'to adopt a Resolution declaring the intention to issue $3,000,000 Working Cash Fund Bonds,' passed with no nays. The collected records do not show whether the bonds were later sold.
The source
Board minutes, November 19, 2025See the full record for North Clay Community Unit School District 25.
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