District 204 Puts $420M Bond Referendum Question On November Ballot

NAPERVILLE, IL — Indian Prairie School District 204 (ISPD) board of education has given the green light to a $420 million bond referendum question to appear on the ballot this November. If the question is approved by voters, the bond money would be used to fund improvements to school safety and infrastructure and to make other upgrades.

The district also aims to improve the efficiency of its buildings, renovate aging utilities and amenities and make other upgrades to improve the quality of students' learning environments.

Upgrades to safety and security have been identified as top priorities throughout the district. Plans for security improvements include building secure entry vestibules and adding surveillance and systems that can detect an intrusion.

More extensive work will be done on Hill and Gregory Middle Schools and Waubonsie Valley High School, which the district has identified as being in "worse condition" than its other schools.

Other plans include work to increase elementary learning spaces in the northern part of District 204.

According to district officials, the bonds could be issued without changing the tax rate, which is currently levied at 37 center per $100 of Equalized Assessed Value (EAV).

"This is the same size tax rate—and tax impact—that is set to expire when IPSD 204 pays off its outstanding long-term debt in 2026. The new proposed bond rate would effectively replace the expiring one," according to the District 204 website.

For homes with a market value of $500,000 the average annual tax cost is estimated to be $517.