Voters To Weigh In On $420M Bond Referendum For District 204

NAPERVILLE, IL — On Tuesday, voters weigh in on a $420 million bond referendum question presented by Indian Prairie School District 204. If approved, the funds would be used to support upgrades to building infrastructure, improvements to school safety and other renovations.

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.

The district has identified security upgrades among its priorities. If the question is approved, plans would include building secure entry vestibules and adding surveillance and systems that can detect an intrusion.

Improvements to building efficiency and student experience are other priorities the district would tackle with the bond funds. The work would include updates to aging utilities and amenities in schools that range in age from 15 to 57 years old.

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

According to District 204's website, the last time school improvements got the go-ahead from voters was 18 years ago. Citing construction inflation, the district estimates the cost of upgrades would increase by $16.8 million annually if the improvements are delayed.