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Marysville board to consider 2026 bond refunding at Oct. 23 meeting
Summary
Board staff and financial advisor presented options to refinance district bonds now and recommended the Board consider a Bond Refunding Resolution at the Oct. 23 Regular meeting to capture potential interest savings.
Jennifer McKay, Executive Director of Business & Finance for Marysville Public Schools, told the Board that staff and PFM Financial Advisors had reviewed options to refund district bonds in 2026 and had outlined potential benefits of proceeding now rather than waiting for rates to decline. McKay told the Board, "The Board will be asked to approve a Bond Refunding Resolution on October 23, 2025; information is attached."
RJ Naughten of PFM Financial Advisors presented the refunding process and answered Board questions about timing and interest-rate assumptions. No formal action was taken at the Oct. 15 informational meeting; the district will return the proposal for formal consideration and a potential vote at the Oct. 23 Regular meeting. The Board was provided with attached materials for review prior to that vote.
