The board's action means the sale can be finalized, said
Now, they'll close
The bulk of the money approved by voters in March will be used to build two new elementary schools and a middle school.
School district officials attended the bond sale Tuesday in
It was a good week to sell bonds because interest rates came down -- a trend in recent months, Heringer said.
"It has basically gotten better all year since January."
The interest rate is 3.84 percent -- about 1 percent lower than what the district originally estimated, Heringer told the
Market conditions are
favorable, with a small supply of municipal bonds and a strong demand from buyers, Heringer said.
Also, there was an effort to make opportunities available to local investors via
Herringer said he wanted to make the district meet or beat the property tax impact presented to voters --
-- Heard a preliminary budget presentation.
It was another challenging year financially, but things are getting better, Dobbs said.
The district will see a 5.1 percent increase in state funding for the upcoming fiscal year, which starts
Challenges will include an increase in health insurance costs and the emergency levy will go away, fiscal affairs director
A budget hearing is slated for
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