The District 55 School Board formally dissolved the bond oversight committee Monday night, recognizing the complete expenditure of proceeds from the sale of general obligation bonds in 2001.
The district used the 30-year $18.7 million bond, approved by voters in May 2001, to rebuild the majority of Sweet Home High School, build new classrooms at Hawthorne Elementary and energy conservation projects across the district.
The district spent the last of the bond money last month…