Debt


  • The School District periodically issues tax-exempt debt to finance the construction of schools and to meet cash flow requirements. All issues are reviewed by the School Board's Finance Committee prior to approval by the School Board. Documentation related to the outstanding debt is available below.

    Debt Issued By District: 
    Offering Statement Issue Date Original Principal Amount Principal Outstanding as of 12/7/2023 Final Maturity Rate Purpose/ Comments
    COP 2010A QSCB Federally Taxable with Interest Subsidy 11/03/2010 $ 67,665,000 $ 67,665,000 08/01/2025 Fixed Capital Projects
    COP 2014B 06/27/2014 $ 166,010,000 $ 39,510,000 08/01/2025 Fixed Refunding Issue (2011B)
    COP 2014C 07/29/2014 $ 33,280,000 $ 33,280,000 08/01/2031 Fixed Refunding Issue (2007A)
    COP 2015B 01/14/2015 $ 145,535,000 $ 90,625,000 08/01/2031 Fixed Refunding Issue (2006A)
    COP 2015C 10/25/2015 $ 62,970,000 $ 62,970,000 08/01/2032 Fixed Refunding Issue (2011A)
    COP 2015D 4/30/2015 $ 221,640,000 $ 173,585,000 08/01/2032 Fixed Refunding Issue
    (2007A, 2007E)
    COP 2017A 10/11/2017 $ 147,850,000 $ 112,295,000 08/01/2027 Fixed Refunding Issue (2007C)
    COP 2017B 12/26/2017 $ 41,945,000 $ 29,245,000 08/01/2028 Fixed Refunding Issue
    (2011A and 2012A)
    COP 2018A 02/13/2018 $ 114,770,000 $ 55,635,000 08/01/2027 Fixed Refunding Issue (2014A)
    COP 2018B 02/28/2018 $ 103,955,000 $ 80,995,000 08/01/2028 Fixed Refunding Issue (2012B)
    COP 2018C 02/28/2018 $ 120,790,000 $ 102,235,000 08/01/2029 Fixed Refunding Issue (2003B)
    COP 2020A 05/05/2020 $ 103,820,000 $ 103,820,000 08/01/2034 Fixed Capital Projects
    COP 2021A 05/20/2021  $ 101,905,000 $ 101,905,000 08/01/2040 Fixed  Capital Projects
    COP 2021B 05/20/2021 $ 9,935,000 $ 9,935,000 08/01/2035 Fixed  Capital Projects
    COP 2022A 05/05/2022  $ 39,610,000  $ 34,180,000  08/01/2029  Fixed  Refunding Issue (2012C) 
    COP 2022B 08/30/2022 $ 185,900,000 $ 174,660,000 08/01/2040 Fixed Capital Projects
    COP 2023A
    		 12/01/2023 $ 140,750,000 $ 140,750,000 08/01/2040 Fixed Capital Projects
    Equipment Lease 2019 09/06/2019 $ 14,700,000 $ 3,036,457 08/01/2024 Fixed Chillers
    TOTAL     $1,416,326,457