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Board approves $52 million bond anticipation note to fund referendum projects
Summary
The Waunakee Community School District Board approved a $52,000,000 five‑year bond anticipation note to continue work on referendum projects; board members voted by roll call and administration said the sale produced lower interest costs than earlier projections.
The Waunakee Community School District Board of Education voted to issue a $52,000,000 bond anticipation note on a five‑year schedule to fund projects tied to the district’s $175,000,000 referendum. The board approved the authorizing resolution after administrators reported the note’s sale produced a winning bid at 3.617 percent interest.
Administration said the note is the next step in financing major capital work including Heritage Elementary, the middle school and other districtwide maintenance, and that closing…
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