District sells Series 2019 Bonds

On January 23, 2019, Boulder Valley School District offered its Series 2019 General Obligation Bonds in a competitive bid process.

The sale had two components, a refunding of $172.18M of 2009 debt and the final issuance of the 2014 authorization of $136.52M. The refunding generated savings to taxpayers of $33.0M over the next 15 years, at a net present value savings of $26.4M. Related to the final issuance of voter-approved debt, the Series 2019A Bonds generated a premium of $20.9 million, less issuance costs, to support the Educational Facilities Master Plan.