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Weighing the “NEEDS” vs. “WANTS”; Security Updates Within Present Budget Constraints
Detailed Documentation Here:
DGWatch_PressRelease_20180308_HSD99_DownersGrove_REFERENDUM_2018_EntranceSecurity.c(1)
District 99 FOIA Requests Demonstrate Contractual Obligation to Account for Assets and Return Surpluses to Taxpayers
These documents are a demonstration of the information we have used to determine that the district has a moral, legal and a contractual obligation to account for the assets in each bond and interest fund separately and to return surpluses to the taxpayers via a tax abatement.
We recommend reading the bond fund balances FOIA request, page nine in the middle where the controller of the district announces his intention to capture the $1.3 million after the bonds mature in 2017. The Watch recommends that they return it to the taxpayers.
FOIA Documents
Watch Seeks Return of Surplus Funds From District 99 Before $183 Million Tax Increase Request
The $195 per year tax increase ($300,000 market value residence) should not be, cannot be, granted unless the Board of Education demonstrates that when taxes are collected in excess of what is needed, the members of the BOE will fulfill their Oath of Office and return the surplus to the families and business owners who make up our community.
The Downers Grove Watch requests that this discussion be put on the February 26 agenda.
Letter to Board President Kupka:
District 58 School Board To Issue $2.8 Million In Bonds, 20% Of Which Has No Stated Purpose.
If the true purpose for the Working Cash Fund bond sale is for projects (and not for “working cash purposes”), as twisted as that interpretation may be, then the amount this Board can legally and honestly sell must reasonably conform to the amount that is needed. That amount is currently $2,255,000. If the Board desires to sell the Series 2018 non-referendum bond for additional projects, hold another BINA hearing to comply with all of the procedural requirements for issuing debt. If you ignore this recommendation, you run the risk of knowingly, willingly and intentionally selling bonds for no stated purpose, which may be construed in Wheaton, Elgin, or Springfield to be fraudulent.
More Information Here:
D58_Bonds_Series2018_Letter_20180212_BondFraud
District 58 School Board Seeks $2,810,000 Taxable Bond Issuance, Skirts Public Referendum
Scott O’Connell, former School Board Member, gives testimony as a taxpayer advocate to the District 58 School Board.
The community faces $2,000,000 dollars in increased debt burden over-and-above a voter- approved ballot initiative because members of the Board are too afraid of the likely response from the community!
A back-door referendum is not the same as a direct question placed on the ballot.
By using this sneaky method, the District 58 Board will not have to directly ask the voters for permission to raise taxes.
Complete testimony and supporting documents here:
SD_DuPage_ESD58_DownersGrove_BONDS_2018_HEARING_20180108_Testimony_SJO