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Committee forwards San Francisco Unified School District $160 million bond issuance to full board
Summary
The committee voted 3–0 to forward a resolution authorizing the issuance and sale of up to $160 million in general obligation bonds for the San Francisco Unified School District; the BLA and municipal advisers described project scope, repayment structure and expected annual cost to taxpayers.
The Budget and Finance Committee on March 19 voted unanimously to forward to the full Board of Supervisors a resolution authorizing the issuance and negotiated sale of up to $160 million in general obligation bonds for the San Francisco Unified School District (SFUSD), pursuant to the district’s February 2024 bond authorization.
David Olsen, a municipal advisor working with the district, and district bond-program staff described the issuance as a routine step in the district’s long-running bond program. Olsen said the district has held bond…
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