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Onalaska board approves competitive sale for final $25 million of referendum bonds
Summary
The board approved a financing plan to competitively sell the remaining $25 million authorized by the 2022 referendum, with municipal advisor PMA recommending a competitive sale to minimize interest costs and a timeline for a pricing resolution Jan. 27 and funds availability Feb. 18.
The Onalaska School District Board of Education voted Dec. 9 to approve a financing plan to issue the final $25 million authorized under the district’s November 2022 referendum. The district’s municipal advisor, Michelle Wyber of PMA, recommended a competitive sale to increase transparency and reduce long-term interest cost.
Wyber told trustees that competitive sale means putting the…
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