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Bethalto Schools Issue Bonds

Story by WBGZ Radio

Bethalto School Superintendent Charles Stegall The Bethalto School Board has approved the issuance of $3.1-million in taxable general obligation school bonds.  The board took the action as a result of the state being continually behind on its payments.  Bethalto School Superintendent Charles Stegall says the state’s lack of payments has added up to a significant hit.

Click here for Stegall's comments

The impact the first year of the levee will be 14-cents added to the existing levee.  It will drop to 10-cents the following year, and through the balance of the 9-year payment period.

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