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Financial consultant lays out options to nance committee

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PUBLIC NOTICES

PUBLIC NOTICES

By BOB SKOLNIK Contributing Reporter

At last week’s meeting of the Community Finance Committee, the financial advisor to Oak Park and River Forest High School, it laid out five funding scenarios for the approximately $100 million Project 2 capital spending proposal at OPRF that includes a new swimming pool. Four of those scenarios included a referendum to issue building bonds ranging from a low of $15.9 million to a high of $74 million. All of the scenarios presume spending $105 million on Project 2 because alter nate upgrades, which the school board may not approve, raise the cost of Project 2 to $104.4 million. The only option without a referendum had the lowest projected cost to taxpayers though that estimate is based on a questionable assumption

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