Dist. 101 returns to short-term bonding

Morris Community High School District 101 hasn't had to use working cash bonds since 1999. That, however, is about to change. The board held a Bond Issue Notification Act (BINA) hearing on Monday night, prior to its regular meeting. At the budget hearing held Sept. 8, Dr. Pat Halloran said the district is making a “steady climb to the positive,” with a budget that included $1,363,000 in working cash bonds. During the BINA hearing, members heard the district has, for the past several years, used receipts from the Tort Immunity levy for some expenses that were embedded within the Education Fund. After the looking at the previous plan, the district has decided it will no longer use the Tort to fund those personnel costs and, instead, will m