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Board authorizes parameters resolution to explore refunding up to $31M in bonds

Weber School District Board of Education · December 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Trustees approved a parameters resolution that allows the district to pursue refunding of 2013 and 2014 general obligation bonds (roughly $21M and $14.5M outstanding) to capture estimated interest savings and shorten payoff.

The Weber School District board approved a parameters resolution authorizing staff to pursue potential refunding of outstanding general obligation bonds. Finance staff said the district still owes roughly $21,000,000 on 2013 bonds and $14,500,000 on 2014 bonds and asked the board to delegate authority to…

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