Politics & Government
Park District considering bond sale
The plan to issue over $1 million of bonds is not expected to raise taxes

The Oak Brook Park District will vote on a proposed $1,165,000 bond sale on December 12, according to The Doings. Bond sales allow municipalities to quickly raise money for projects and pay back the amount, plus interest, over time. Park district taxes are expected to remain the roughly the same if the bond sale is approved, though a tax decrease originally expected in 2022 wouldn't happen until 2026.
Park District Executive Director Laure Kosey said the bonds would be used to create a family locker room at the aquatics center and to fix drainage and improve lighting at the the ball fields on Forest Gate Road.
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