Investor Relations |
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Bond Financing for The District’s Capital Improvement Program The District benefits from:
The District issues bonds when capital requirements need to be met. Treasury ensures on-time payments to bond holders; maintains ongoing efficient debt structure; monitors the debt service extension base capacity; and maintains the District’s outstanding credit ratings. For more on the District’s debt management program, please click on the links below. The full faith and credit of the District is pledged to the punctual payment of the principal and interest on its General Obligation Bonds. The Unlimited Tax Bonds are payable from a designated property tax levy without limitation as to rate or amount. The limited Tax Bonds are payable from a designated property tax levy without limitation as to rate, but are limited as to amount. See definitions of Debt Service Base Extension Limitation in the offering documents. Funds raised by such levies are remitted directly to the District Treasurer and immediately deposited in the bond and interest funds for payment of the bonds. Current Ratings Bond Ratings for 2016 Series A-F (as of 05/27/16)
Bond Ratings (as of 12/21/2018; excludes 2014 and 2016 Series of Bonds)
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*All historical information speaks as of its
date and the issuer has no express or implied obligation to continuously
update information. District is not responsible for any technical
inaccuracies or typographical errors, omissions, etc. |