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Tax cap relief gives schools debt path to relief
Illinois school districts gain ability to issue life safety and working cash bonds up to the remaining debt levels without raising taxes under the new tax cap relief law signed by Governor Edgar. Critics say prudent districts get little benefit while debt-free districts lose options.
MENTIONED IN THIS ARTICLE
Betty Hansen
Flossmoor
Jim Edgar
Collar
Cook County
Oak Lawn High
Ed O’malley
O’malley
Mike Klemens
Illinois Department of Revenue
Palos Heights
Ted Struck
Struck
Illinois
Bloom Township
Robert Grossi
Aldo DeAngelis
Olympia Fields