Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Forest Grove SD 15 bond oversight: $128 million program reports most projects on schedule; $28.8M spent to date
Summary
The Bond Oversight Committee reviewed the quarterly financial report: a $128 million bond with roughly $103 million received, $28.8 million expended so far, and interest/premium adjustments that increase available resources by an estimated $14.3 million after arbitrage rules.
The Forest Grove SD 15 Bond Oversight Committee heard a financial update on the district’s $128 million bond program, including receipts, expenditures and projections for remaining funds.
Eileen, the meeting’s lead presenter, said the district has received about $103 million of bond proceeds and reported that 62.8% of the budget has been expended or committed. “$28,800,000 has been expended to date, and the rest is all in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
