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.
Serving the areas of Alton, Godfrey, East Alton, Wood River, Roxana, Edwardsville, Jerseyville, Brighton, Bethalto, Grafton, Granite City, Hartford, Highland, Troy, Fairview Heights, Belleville and the surrounding cities.