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Consultant: West Oso ISD has capacity for a roughly $32M bond under current assumptions; trustees weigh timing and maintenance needs
Summary
Financial adviser presented the district's debt profile (par roughly $21.8M), callable/refundable amounts and a conservative capacity analysis that shows about $32M of potential issuance without exceeding a modeled tax-rate ceiling; trustees asked how bond timing, refinancing opportunities and maintenance needs (roofs, junior high) should be balanced.
Estrada/Stridean adviser Tony Hasso briefed the West Oso ISD board on the district's debt portfolio and modeled bond capacity, saying the district carries outstanding par of about $21.8 million and that roughly $18.0 million is eligible for refunding at specific call dates.
"The par amount, as of fiscal 25, stands at 21,765,000," Hasso said, and he described a subset of the 2016 unlimited tax refunding bonds — about $4.5 million — that become callable this August and might be refinanced if market conditions are favorable.
Hasso walked the board through…
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