During the December Governing Board Meeting, the board heard information regarding the bond sale held on Nov. 20, 2025.
There were $50 million in bond funds available for sale, with maturity dates ranging from 2026 to 2045. In total, $144 million was ordered from a mix of retail and institutional bidders.
Nearly all of the maturities were oversubscribed, having received offers two, three and even over five times what was being sold.
This sale of bond funds will be used on projects outlined in the voter-approved Bond 2024 initiative.
