The District 233 school board agreed to try a different approach on its $20 million borrowing plan that could save the district more than $2 million in costs.
The board is planning to borrow the funds to cover the costs for constructing a new science wing onto the South Building at Homewood-Flossmoor High School and other building updates.
The district’s initial approach was to sell general obligation (GO) bonds, but financial advisor Bob Lewis of…
