May 27, 2024

Tricia Oak

Business & Finance Excellency

Citizen finance group at OPRF favors Task 2 referendum

Four of the 5 neighborhood associates of the Oak Park and River Forest Large Faculty District 200 Group Finance Committee (CFC) evidently favor sending the funding of the school’s approximately $102 million Challenge 2 to a referendum. The 12 person CFC, which also contains five OPRF workforce and two faculty board customers which include president Tom Cofsky and member Kebreab Henry, achieved on Feb. 28 to focus on financing solutions for Project 2 and other matters. 

Cal Davis, Petra Guerrero, new CFC member Kathleen Odell and CFC chairman Steve Miller all favored funding Task 2 largely with referendum bonds, which are only issued just after voters approve the borrowing in a referendum, somewhat than with debt certificates, a variety of borrowing that doesn’t have to have a referendum. 

“We are the community finance committee so we do need to have to pay attention to the group I really feel,” said CFC member Guerrero claimed. “And it is the ideal detail to do I would unquestionably favor referendum bonds.”