TITLE

Utah District Takes First Step in Record Authorization

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/12/2003, Vol. 344 Issue 31633, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The Jordan School District, located near Salt Lake City, Utah will sell $20 million of triple-A rated general obligation bonds as of May 13, 2003, in a sale that marks the first tranche of debt sold from the Utah's largest-ever bond authorization.With an enrollment of 73,800 students, the Jordan district is Utah's largest and is responsible for educating approximately 154570360f all the state's schoolchildren.Like all Utah school bond issues, the Jordan deal comes to market backed not only by the general obligation pledge of the district, but also the state's triple-A GO pledge.District officials are planning a second bond issue worth about $15 million to $20 million for this fall, with sales of debt worth about the same amount taking place approximately every six months, although the district might issue as much as $115 million in fiscal 2008 to finance a new high school and several other new schools.
ACCESSION #
9845673

 

Related Articles

  • Bonham ISD Calls GO Vote. Philyaw, Jason // Bond Buyer;9/8/2009, Vol. 369 Issue 33179, p9 

    The article reports that Bonham Independent School District (ISD) will put a 40 million bond package to voters in Texas. It cites that its purpose is to realign class space at few campuses, add new science labs at all schols, and other renovations. It adds that Bonham ISD assists approximately...

  • KANSAS: Olathe Schools Set $68M Vote. Watts, Jim // Bond Buyer;7/8/2008, Vol. 365 Issue 32914, p8 

    The article reports that Johnson County Unified School District has set an election for the approval of a $68 million general obligation bond package on November 4, 2008 that is set to support the expansion of four high schools in Olathe, Arkansas. The school expansion project will allow the...

  • Tulsa, Okla., School District Sells $5 Million, With Raised Outlook From S&P. Williamson, Richard // Bond Buyer;3/2/2004, Vol. 347 Issue 31832, p4 

    Reports that the outlook for Tulsa, Oklahoma's public school district is improving as the economy begins to rebound. Announcement of Tulsa County Independent School District No. 1's plans in hiring at least 29 other teachers for the 2004-2005 school year.

  • Houston ISD Brings Delayed $279.8M Limited-Tax Refunding to Market. Philyaw, Jason // Bond Buyer;3/2/2007, Vol. 359 Issue 32578, p6 

    The article announces the sale of $279.8 million limited-tax refunding bonds of Houston Independent School District on March 1, 2007 in Dallas, Texas. The deal was scheduled in early December 2007 but was pushed back because the market was not where it needed for the district to achieve the...

  • N. Y. Districts' Credit Eyed After State Rating Cut.  // Education Week;1/22/1992, Vol. 11 Issue 18, p17 

    The article reports that forty of the school districts were ranked on Standard & Poor's CreditWatch in New York. The credit-rating agency has downgraded states general-obligations bonds.

  • Texas School Eye Non-PSF Options. Williamson, Richard // Bond Buyer;12/17/2008, Vol. 366 Issue 33025, p1 

    The article reports that a school district in Dallas, Texas is being forced to postpone bond sales with the state's Permanent School Fund sideline by capacity limit and tumbling financial market. It states that PSF backing confers triple-A ratings on local bond issues, obviating the need for...

  • School District issues $450 million in construction bonds.  // Las Vegas Business Press;7/26/2004, Vol. 21 Issue 28, p8 

    Reports that the Clark County School District has received approval to sell bonds for school construction. Spending on building campuses; Replacement of older schools with another campuses to be completed by 2006; Annual operating budget of the district.

  • Board eyes future after defeat of bond issue. Shapiro, Mary // West County Journal;4/18/2012, Vol. 48 Issue 16, pA1 

    The article reveals that the Rockwood School District could allow a group of administrators to authorize emergency repairs if vital equipment fails in buildings. According to the author, the special authorization may be needed as the district looks for ways to cope with expenses after voters...

  • Kansas School District's Bond Plans Get Third Strike. Watts, Jim // Bond Buyer;1/25/2007, Vol. 359 Issue 32554, p6 

    The article reports on the failure of Santa Fe Trail Unified School District in its third attempt to pass a general obligation bond issue in Topeka, Kansas in November 2005. The failure was due to the rejection of the voters of the school district's $14.5 million proposal. Brad Shaffer,...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics