Hinsdale Village Board
Among other business at Tuesday’s meeting, trustees:
• passed a resolution setting the amount of money to be raised through property taxes at $11.1 million, including an estimated $3.3 million for the library levy. The village board is required by state law to pass this resolution requesting the levying of property taxes prior to adopting the annual tax levy ordinance in November.
• approved the addition of stop signs at three Ninth Street intersections. A two-way stop will be installed at Thurlow and the intersections of Ninth at Lincoln and Center will be converted to four-way stops.
• renewed an intergovernmental agreement with Hinsdale High School District 86 to provide one school resource officer for Hinsdale Central High School
Community Consolidated School District 181 Board
Among other business at Monday’s meeting, board members:
• voted to allot $5.5 million in this fiscal year toward the establishment of an administrative center as part of the district’s fund balance strategy review. The vote also included $2.3 million for restricted medical self-insurance reserves and $263,186 for the restricted activity account. The possible addition of full-day kindergarten is also under consideration, but the cost has yet to be determined. The fund balance strategy aims to provide structure and guidance for refunding taxpayers when resources exceed need, according to district officials.
• voted to contract PFM Asset Management to manage the district’s investments and cash flow. Three financial firms presented their services to the district, and PFM was recommended by the district’s finance committee and administration based on the size of its investments portfolio and its customer service approach.
• accepted gifts including $1,800 from the D181 Foundation for Got STEM D181? program supplies and $10,050 from The Lane School PTO for chorus enrichment, art enrichment and more.
