|www.cusd200.org View this message online||June 24, 2016|
Earlier this month, the Board of Education successfully completed phase two of a four-phase bond refinancing plan to reduce a portion of the District’s outstanding bond and interest payments. The Board was able to reduce future tax levies by over $3.3 million.
In winter of 2014, the Board passed a resolution to restructure bond and interest payments when bonds became callable. The recent bond refinance was the second of four targeted refinancing phases. Interest rates are at historic lows, and this presented an opportunity for the Board to refinance a portion of its debt to save money for taxpayers.
The bonds that were refinanced had an average interest rate of 4.17% but were refinanced to 1.59%. The bonds to be refinanced in the third phase are callable in 2018 with an average interest rate of 4.89%, but the refinancing could take place as early as 2017 depending upon market conditions and Board approval.
Superintendent Jeff Schuler was pleased with the outcome of phase two refinancing. “This was a tremendous opportunity for the Board of Education to save significant tax dollars in future years through a thoughtful restructure of existing debt. It truly was a win for the District 200 Community,” says Schuler.
Register by June 30 - Avoid a Fee Increase
Please register your student(s) and pay any necessary fees by June 30. If paid after June 30, fees increase by $10 per student. For information about registration or fees, please refer to our website.
Summer Mobile Pantries
Each month for this calendar year, the District and the Northern Illinois Food Bank will host at least one mobile pantry at various places in the community that are open to all District 200 families. A complete list of mobile pantries can be found on our website.
June 25 - St. Charles Square Apts. - 10 to noon
July 13 - Immanuel Food Pantry - 10 to noon
July 23 - Lowell Elementary - 10 to noon
August 6 - Villagebrook Apts. - 10 to noon
August 20 - First Baptist Church - 10 to noon
Electronic School Bag (E-School Bag)
Student Excellence Foundation - Take the Practice ACT & SAT Test at C2 Education
June 29 - Student Excellence Foundation Fundraiser - Chipotle
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In the News...
Upcoming Board Meetings
Weds., July 13 at 7:30 p.m.
School Service Center
Weds., August 17 at 7:30 p.m.
School Service Center
To view Board Meeting Agendas, highlights from previous Board Meetings and more, click here.
Board Policy & Curriculum - On June 8, the Board approved to post Revised Policy 7.305 Student Concussions for public review and comment. You can view the policy on our website. Comments can be directed to Dr. Robert Rammer at firstname.lastname@example.org or 630-682-2015.
The Board approved to post a new high school material list for Modern & Contemporary Literature and novel list for grade 3 PACE available for viewing on our website. Finally, the Board approved to post a new textbook, High School Information Technology I textbook, for public review and comment The textbooks are available for review at the School Service Center (130 W. Park Ave, Wheaton) for 30 days. Curriculum and textbook related comments can be directed to Faith Dahlquist at email@example.com or 630-682-2103.
Ready. Set.Test. - C2 Education test prep fundraiser with the Student Excellence Foundation - Are you ready for ACT & SAT tests? Know where you stand before it’s too late! Call now to register to take the ACT or new, harder SAT at C2 in Wheaton between June 1 - June 30.
100% of your $20 testing fee will go directly to the District's Foundation to support the schools. Call 630-517-8292 to register and be sure to mention the foundation. Event flier
Eat Chipotle and support the Student Excellence Foundation - June 29. Make dinner a selfless act by joining us for a fundraiser to support NEW 200 / Student Excellence Foundation. Come in to any Wheaton, Wheaton West, Warrenville or Glen Ellyn Chipotle location on Wednesday, June 29th between 4:00pm and 8:00pm. Bring in this flyer, show it on your smartphone or tell the cashier you’re supporting the cause to make sure that 50% of the proceeds will be donated to NEW 200 / Student Excellence Foundation.
Wheaton Park District Play for All Day of Play - July 16 from 10:30 - 12:30. Join us for a Play Day from 10:30 a.m. to 12:30 p.m., and enjoy fun activities like face painting, planting, and more! See the website for more information.
Jack's Army 5th Annual Golf Outing - July 18 at Klein Creek. See their flier for more details.
|Erica Loiacono | Director of Public Relations
ph 630-682-2469 e firstname.lastname@example.org email@example.com