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Board briefed on May 1 debt fund payments for multiple district bonds
Summary
Business & Finance staff told the board that debt fund payments for 2016A and 2019 refunding debt, the 2025 Building and Site Fund Bond, and the 2016 QECB are due May 1; action was scheduled for the April 23 regular meeting.
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Jennifer McKay informed the board that several debt fund payments are scheduled for May 1: payments related to the 2016A and 2019 refunding debt, the 2025 Building and Site Fund Bond, and the 2016 Qualified Energy Conservation Bond obligation. The informational update was presented to ensure the board is aware of the payment schedule ahead of potential action at the April 23 regular meeting.
The minutes record this as an informational finance update; the specific dollar amounts for each payment were not provided in the minutes and would be addressed in the upcoming regular meeting agenda and supporting materials.
