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PGUSD board approves $18M refunding and $26M Measure B Series A bond issuance
Summary
The board voted to refinance prior general obligation bond series to save taxpayers an estimated $800,000–$1,000,000 and approved a $26 million first series issuance under the 2024 Measure B program, proceeding with placements and budget steps to kick off multi-year capital work.
The Pacific Grove Unified School District Board adopted resolutions authorizing a 2026 refunding of two prior general obligation bond series (issued 2015 and 2016) and approved the first series issuance under 2024 Measure B.
Assistant Superintendent Jordan explained that the refunding covers two prior series linked to a 2006 measure,…
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