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Independent School District • IL
Elgin School District U-46
Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure
98% Conf.
Tax Drift Index
78/ 100
High Drift Risk
Elgin School District U-46 Bond Carrying Cost Briefing
MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026
Second-largest school district in Illinois spanning Kane, Cook, and DuPage counties with major ongoing facility modernization bonds.
M&O Rate: 1.2%I&S Debt Rate: 0.1%Combined Rate: 1.3%
Total Outstanding Bond Debt
$620.0M
Voter-Approved Capital Bonds
Debt Burden Per Student
$17,714
Among Top 5% Nationally
Student Enrollment
35,000
Active K-12 Student Population
Annual Debt Interest Service
$31.0M
Annual Interest & Sinking Outflow