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Finance staff presents lease revenue bond reconciliation, escrow balance and payment timeline

OKLAHOMA CITY (Regular School District) · November 11, 2025

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Summary

The district’s finance director presented a one-page reconciliation of the 2022 lease revenue bond escrow at UMB Bank, including payments requested for signature projects, interest received and remaining escrow balance as of Oct. 15; principal and interest obligations cited totaled about $552.2 million.

Clint Everhart, OKCPS executive director of finance, presented a one-page top-level report on the district’s lease revenue bond during the Nov. 10 meeting, explaining how funds have been drawn to pay for transformational and signature projects.

Everhart said the lease revenue bond was executed June 26 and…

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