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Springfield Gives Okay For Hall High School Borrowing Plan

Posted by wlpo on January 19, 2013

Governor Pat Quinn has signed off on allowing Hall High School to borrow 32 million dollars for a new school.

The governor signed a bill sponsored by State Senator Sue Rezin and State Representative Frank Mautino that gives Hall the okay to issue bonds not to exceed 32 million dollars.  Taxpayers in the school district will have the final say by voting in April whether or not to issue the bonds.

According to school officials, a Hall taxpayer with a 100 thousand dollar home will pay over 23 dollars more per month in property taxes for 30 years if the referendum passes.  School board members are going after grant money which could lessen the tax burden.

If the April referendum fails, Hall officials say they’ll renovate the current high school for 18 million dollars.

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