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Finance director details $189 million in outstanding bonds, refinancing opportunities
Summary
Paul Bourgeois told the board the district has about $189 million in outstanding general obligation bonds and certificates of participation and has invested approximately $231 million in facilities improvements since 2007.
Paul Bourgeois, executive director of finance and operations, updated the board Oct. 23 on the district's long-term facilities financing, outstanding bonds and the potential for refunding to lower interest costs.
Bourgeois said the district has invested approximately $231 million in facilities-related improvements since 2007, funded through a mix of general obligation long-term facility maintenance bonds and certificates of participation. He reported total current outstanding general obligation…
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