Spring Branch ISD sells 2017 2022 bonds for construction equipment buses Christine Porter Jeffries

Spring Branch ISD sells 2017 2022 bonds for construction equipment buses Christine Porter Jeffries

Spring Branch ISD sells 2017 2022 bonds for construction equipment buses Christine Porter - Jeffries HEAD TOPICS

Spring Branch ISD sells 2017 2022 bonds for construction equipment buses

10/22/2022 7:00:00 PM

Despite a fluctuating bond market Spring Branch ISD reports it was able to garner a good

Christine Porter Jeffries

Source

Houston Chronicle

Despite a fluctuating bond market, Spring Branch ISD reports it was able to garner a good return on investment to turn its bonds into proceeds to advance numerous projects in the district. Despite a fluctuating bond market Spring Branch ISD reports it was able to garner a good 3The Stratford High School auditorium is a 1,000-seat facility which was built thanks to money raised from the Spring Branch ISD bond in 2017. The auditorium opened earlier this year.Courtesy of Spring Branch ISDShow LessDespite a fluctuating bond market, Spring Branch ISD reports it was able to garner a good return on investment to turn its bonds into proceeds to advance numerous projects in the district. According to a news release, the district presented $307 million of bonds to the market on Oct. 5. The bonds, including premiums, will yield $323 million for the “construction and equipping of school buildings, technology equipment and buses. Of the total bond proceeds, $142.2 million will support 2017 Bond projects and $180.8 million will fund 2022 Bond projects.” Read more:
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