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Budgets, Levies, & Debt

Bond Issue - 2004

The 2004 Bond issue was also issued at a premium.  This issue included two offerings, $8.3 million and $32.9 million.  The $8.3 million  offerings were issued as Capital Appreciation Bonds at a coupon rate of 9%.  The $32.9 million offerings were Current Interest Bonds at coupon rates between 3.5% and 5.0%.

The higher coupon rates enable the District to collect $46.2 million or $5.0 million more than originally requested.

Attachments:
Download this file (2004 Bond Issue.pdf)2004 Bond Issue

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Parent Category: ROOT