SD427 District Dashboard
Debt & capital
Legal Debt Margin & Capital Need
Rising EAV plus steady paydown opened ~$53M of legal borrowing capacity.
Debt applicable to limitLegal limit $117,745,931
used
margin
Net debt$64,785,000(55.02%used)Margin$52,960,931
Available margin (FY25)
$52,960,931
Sycamore HS capital need
≈$50M
% of legal limit used, falling as capacity opens
Debt service was 8.23% of noncapital expenditures in FY2025, down from 18.76% (FY2022) and 13.99% (FY2019).source
- •2026-08-25: PTMA presented a district debt overview and financing options to the Board — current debt service, legal debt margin, and bond options for capital projects. The signed minutes record no figures.source
- •2026-08-25: The Board approved, 7-0, a Master Tax-Exempt Lease/Purchase Agreement for 6 buses, leasing rather than purchasing to preserve cash flow. The minutes record no dollar amount.source
Debt service to maturity (general obligation bonds and 2007B capital appreciation bonds)
FY2025 ACFR, Note 3 (Long-Term Obligations), "Debt Service Requirements to Maturity": general obligation bonds, principal and interest by fiscal year ending June 30, with the 2007B capital appreciation bonds' principal/accretion and interest shown separately for FY2026 and FY2027 as printed. The ACFR prints no combined per-year total, so none is shown. Issues are the bonds outstanding at June 30, 2025 as listed in the same note.
| FY | GO principal | GO interest |
|---|---|---|
| FY2026 | $1,360,000 | $2,203,648 |
| FY2027 | $1,385,000 | $2,176,448 |
| FY2028 | $4,920,000 | $2,148,748 |
| FY2029 | $5,020,000 | $2,031,514 |
| FY2030 | $5,200,000 | $1,859,538 |
| FY2031 | $5,275,000 | $1,698,976 |
| FY2032 | $5,320,000 | $1,511,676 |
| FY2033 | $5,520,000 | $1,305,536 |
| FY2034 | $5,730,000 | $1,105,880 |
| FY2035 | $5,930,000 | $903,731 |
| FY2036 | $6,155,000 | $677,025 |
| FY2037 | $5,885,000 | $488,800 |
| FY2038 | $1,670,000 | $283,400 |
| FY2039 | $1,735,000 | $216,600 |
| FY2040 | $1,805,000 | $147,200 |
| FY2041 | $1,875,000 | $75,000 |
- FY2026 2007B CAB
- Accretion$3,349,006
- Interest$313,277
- FY2027 2007B CAB
- Accretion$3,196,723
- Interest$157,194
Outstanding issues
| Issue | Original | Outstanding |
|---|---|---|
| General Obligation School Bonds of 2015source Final maturity 2030 | $2,875,000 | $2,875,000 |
| General Obligation Refunding School Bonds of 2017source Final maturity 2033 | $9,680,000 | $9,680,000 |
| General Obligation Limited Refunding School Bonds of 2019Asource Final maturity 2031 | $9,800,000 | $5,280,000 |
| General Obligation Refunding School Bonds of 2019Bsource Final maturity 2037 | $7,630,000 | $7,630,000 |
| General Obligation Taxable Refunding School Bonds of 2019Csource Final maturity 2035 | $11,230,000 | $11,230,000 |
| General Obligation Taxable Limited Tax School Bonds of 2021Asource Final maturity 2029 | $2,815,000 | $2,090,000 |
| General Obligation Limited Tax School Bonds of 2021Bsource Final maturity 2041 | $16,940,000 | $16,940,000 |
| General Obligation Refunding School Bonds of 2021Csource Final maturity 2037 | $9,180,000 | $9,060,000 |
| 2007B capital appreciation bonds (accreted value)source Final maturity 2027 | $15,056,877 | $6,545,729 |
The last general obligation bonds outstanding, the 2021B Limited Tax School Bonds, mature February 1, 2041.source
Charts never mix accounting bases. Fund balances and levy/debt figures are ACFR (GAAP) modified-accrual, as originally reported. Budget figures are ISBE accrual. 2025 levy figures are primary-verified (county Tax Computation Report; adopted 6-0, 2025-11-25). Printed page N = PDF page N+6 for the FY2025 ACFR. FY2026 year-end figures are unaudited statements to the Board; the FY2026 ACFR is not yet published.