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SFUSD holds first reading to authorize sale of up to $160 million in general obligation bonds
Summary
Board members received a first reading Feb. 11 of a resolution to issue up to $160 million in general obligation bonds as the first series of a 2024 voter‑authorized $790 million program; staff laid out a tentative schedule for a March approval and April closing and said additional series likely will follow to match project spending.
The San Francisco Board of Education received a first reading Feb. 11 to authorize issuance and sale of general obligation bonds not to exceed $160,000,000 as the first series of voter‑approved 2024 bond authorization.
Lisenia Eberi, the district’s bond program director, told the board that San Francisco voters approved a $790,000,000 bond measure in November 2024 and that the district is preparing a Series A sale to fund roughly 18 months of capital work. She introduced…
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