VUSD ready to issue next series of bonds for Measure A projects – The Reporter

By Nick Sestanovich

Earlier in the month, Vacaville Unified School District issued its Series C of general obligation bonds provided by Measure A, a $194 million bond initiative passed by Vacaville voters in 2014.

The district says this most recent issuance has saved local property owners millions in taxes due to a rating upgrade for the district, a recent downturn in interest rates and bond structure optimization, according to a district news release.

Through this most recent issuance, VUSD has priced $145 million in general obligation bonds. The district’s credit was reviewed during the process, and it received an AAA rating from Fitch Group, according to the district.

Source: VUSD ready to issue next series of bonds for Measure A projects – The Reporter

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