Two months ago, Granite City District 9 passed a “backdoor referendum” to issue $20 million of “working cash” bonds and on Nov. 22 put a public notice in the Belleville News-Democrat. I believe the “right thing” for District 9 to do is to put this $20 million bond issue on the ballot for the people to decide.
This letter is to the taxpayers of Granite City District 9, who probably didn't know that the district – on Nov. 22 – published a notice in the Belleville News-Democrat that the district intends to issue $20 million of “working cash” bonds.
The Illinois Truth in Taxation law requires that a notice be published in a newspaper and a public hearing must be held, if the proposed aggregate tax levy is more than 5 percent greater than the previous year's tax extension.