Jefferson: New Plan Calls for $17.6M Referendum

The District 200 Board of Education will vote Jan. 9 on a referendum asking residents to support an annual tax increase of up to $51 to pay for a new Jefferson Early Childhood Center.

After a Nov. 28 board meeting, architects and District 200 administrators revised an $18.3 million, 63,000-square-foot building plan, shaving off about 4,000 square feet or $700,000 of the total cost. District 200 staff also met with Jefferson staff to decide which of two proposed designs would most fit students’ needs.

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Stephanie Farrelly, Jefferson’s principal, and the current acting assistant superintendent of student services, said of the two plans presented—a ‘courtyard’ option and a ‘neighborhoods’ option—staff preferred the courtyard design. 

After hearing four financing options for the project, the board directed staff to prepare a resolution for the January vote with a plan to bond $17.6 million, amortize some of the principal annually with no debt service extension past 2023.

Correction: The referendum amount is $17.6. Patch wrote $17.5 in the headline.

Lewis presented the following financing scenarios to the board, showing the referendum’s potential impact on taxpayer’s bills:

Related posts:

• District 200 Officials Want $18M Referendum to Rebuild Jefferson
• Jefferson Survey Responders Like Cheapest Option for New School
• District 200 to Survey Residents in Jefferson Preschool Plans
  
• District 200 Proposes 2 Options for New Jefferson Preschool
• New Preschool Plans the Focus of District 200 Community Forums
• District 200 to Seek Input in Plans for a New Jefferson Preschool in Wheaton
• District 200 Considers Jefferson Preschool Replacement Plans

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