Park Board Votes to Sell Bonds

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Published on January 10 2020 10:03 am
Last Updated on January 10 2020 10:03 am
Written by Greg Sapp

Effingham Park Board commissioners have voted to sell up to $625,000 in bonds to finance Park District improvements in 2020.

The bond revenue will also be used to make the annual payment on the Workman Sports and Wellness Complex.

As tax revenues are received over the course of the year, the bonds are paid off.

Park Board commissioners also reviewed improvement projects planned at each park in 2020, and also approved pay increases for most District employees. The increases averaged 3%.

During a report on Workman Complex activities, information was shared on new equipment received, and on the Junior NBA basketball program.