ISD 196 bond update: $538 million program shows progress; many projects open or underway
Director of finance Christopher Robshaw told the board the district began with a $538 million bond budget, has issued $400 million so far, expended $350 million and expects to issue the remaining $138 million in early 2027. He highlighted completed projects and construction milestones, with certain sites targeted for April or fall 2027 completions.
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Christopher Robshaw, the district’s director of finance and operations, briefed the board on the Building Our Future bond program on Sept. 28, laying out budget, issuance and construction progress. "As a reminder, we began with a total bond budget of $538,000,000. We have issued $400,000,000 in bonds and anticipate issuing the final $138,000,000 early in 2027," Robshaw said, adding that the district had expended $350,000,000 and earned $33,000,000 in interest on bond proceeds.
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