From Marengo Park Board President Marty Mohr, who was elected in 2019:
“Previous board forgot to abate their annual rollover in 2018, thus the spike.
“We refunded the old debt in 2020, thus the valley.
“Last year we shortened the term on our rollover and I hope to eliminate it this year.
“We discussed saving $$ for the large debt that is callable in 2029 to make a big payment and refund a lower amount or remove the rollover.
“All bonds will be paid in 2032.
“It’s been a LONG time coming for that district.
“I ran into a burning house.”
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Wouldn’t it be wonderful if all tax districts provided such detail?
