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Meeting Date:
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10/1/2024 - 7:00 PM
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Category:
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Information and Study Items
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Type:
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Info
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Subject:
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Measure R: Series 2024 General Obligation Bond Sales Results
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District Priorities:
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Enclosure
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File Attachment:
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Summary:
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On November 3, 2020, 61% of voters within the District voted to approve Measure R, which authorized $88,000,000 of bonds for school construction projects. The District issued its first series of Measure R bonds in 2021 for $15,000,000, and its second series in 2022 for $38,680,000. On May 2, 2024, the Board approved to move forward to establish a tax rate and on August 15, 2024, the Board prescribed the terms, authorized the sale, and issuances of the third of Measure R bonds (Series 2024).
Government Financial Strategies JPA will present the results of the successful sale of the District’s $29.32 million in general obligation bonds from August 27th.
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Funding:
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Recommendation:
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Approvals:
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Recommended By:
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Signed By:
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Carlena Grandey - Administrative Assistant to the Superintendent
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Signed By:
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Kristi Schwiebert - Superintendent
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