Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Pasco district reports $2M-plus bond refunding savings, higher teacher retention and improved staffing
Summary
The board heard a finance update showing a successful $33.1 million bond refunding with net present value savings of over $2 million, and staff reported improved staffing metrics tied to the salary referendum including a 98% instructional fill rate and first-year teacher retention up to 86%.
Pasco County School District officials told the board the district achieved a successful bond refunding and presented updated staffing and referendum results.
Miss Taylor (speaker 14) said the district refunded $33,100,000 in bond par amount and recorded an all-in true interest cost of 3.51%, producing a net present value savings of more than $2,000,000. "We did not increase any maturity; they still all mature at the…
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
