Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Financial advisers outline timeline, options for up to $15 million bond for field‑house project
Summary
Raymond James and PFM updated the Schuylkill Valley board on interest‑rate outlook, a possible $15 million borrowing and a sample timeline if the district seeks bond proceeds this fall; advisers recommended waiting for bids but passing a parameters resolution in September to speed later issuance if needed.
Financial advisers for Schuylkill Valley School District told the Committee of the Whole on June 24 they expect the district could be ready to issue bonds for the field‑house project within six to nine months and that current market rates would likely place borrowing in the low‑ to mid‑4 percent range if executed immediately.
Lauren Stadel, managing director at Raymond James and Associates, said the district’s project has moved “a little bit further down the path” and that advisers updated an analysis for a scenario of up to $15,000,000 in borrowing. Stadel said interest rates…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
