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Board ratifies bond sale, staff says it will save about $1.7 million in interest
Southgate Community School District Board of Education · March 11, 2026
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Summary
The board approved a ratifying resolution for the sale of Series 2 bonds and related 2016 bond program loans, with staff reporting about $1.7 million in estimated interest savings and an additional $615,000 projected from twice‑annual payments.
The Southgate Community School District board voted March 10 to ratify the sale of Series 2 bonds and to include 2016 bond program loans in that sale, a move staff said will lower the district’s interest burden.
A district finance staff member told the board…
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