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District finance adviser outlines $50M and $75M bond scenarios, urges community survey and facilities review
Summary
Mike LaValle, a municipal finance adviser with Stifel, told the Casa Grande Union High School District governing board that the district is in a favorable position to consider voter‑authorized bonds because assessed valuations have grown and the district’s existing debt will be fully retired within about two years.
Mike LaValle, a municipal finance adviser with Stifel, told the Casa Grande Union High School District governing board that the district is in a favorable position to consider voter‑authorized bonds because assessed valuations have grown and the district’s existing debt will be fully retired within about two years.
LaValle outlined two illustrative scenarios. A $50 million bond package, structured across multiple sales and repaid over 20 years, could be sized so the bond portion of the property‑tax rate remains at or below the current approximately $0.31 per $100 of assessed value. LaValle…
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