Limited tax bond capacity discussion
Buffalo Grove Park DistrictIllinois- Detected
- Oct 26, 2026
- 12 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
On October 21, 2026, staff reported that Raymond James estimated the District could issue about $228,000 of one-year limited tax bonds using available Debt Service Extension Base capacity for levy year 2026. Staff described this as the first part of a broader capital funding strategy that would also evaluate retiring the remaining 2012 Community Arts Center debt certificates and setting aside the freed-up operating dollars in a capital renewal reserve. Staff said a larger alternate-revenue bond could be considered in early 2028, with policy work during 2027.
Decision state: informational only.
- Meeting date
- October 26, 2026
- Agency
- Buffalo Grove Park District
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