Debt

The School District periodically issues tax-exempt debt to finance the construction of schools and to meet cash flow requirements. All issues are reviewed by the School Board's Finance Committee prior to approval by the School Board. Documentation related to the outstanding debt is available below.

BanTreasury001

Debt Issued By District:

Offering Statement Issue Date Original Principal Amount Principal Outstanding as of 9/30/2017 Final Maturity Rate Purpose/ Comments
COP 2003B 06/26/2003 $124,295,000 $ 124,295,000 08/01/2029 Variable Capital Projects
COP 2004Q 04/30/2004 $ 2,923,326 $ 588,474 04/30/2020 Fixed Capital Projects
COP 2005Q 12/15/2005 $ 2,150,308 $ 538,142 12/15/2020 Fixed Capital Projects
COP 2007C 03/22/2007 $192,310,000 $ 176,660,000 08/01/2027 Fixed Refunding Issue (2001A, 2002C)
COP 2010A QSCB Federally Taxable with Interest Subsidy 11/03/2010 $ 67,665,000 $ 67,665,000 08/01/2025 Fixed Capital Projects
COP 2011A 07/13/2011 $112,425,000 $ 44,520,000 08/01/2032 Fixed Refunding Issue (2007B)
COP 2011C 11/22/2011 $ 15,355,000 $ 1,355,000 08/01/2018 Fixed Refunding Issue (2002A)
COP 2011D 11/22/2011 $ 25,065,000 $ 15,325,000 08/01/2021 Fixed Refunding Issue (2003A)
COP 2012A 05/15/2012 $ 20,085,000 $ 20,085,000 08/01/2028 Fixed Refunding Issue (2002D)
COP 2012B Amendment 06/29/2012 $116,555,000 $ 101,990,000 08/01/2028 Variable Refunding Issue (2002D)
COP 2012C 09/13/2012 $ 67,145,000 $ 59,965,000 08/01/2029 Fixed Refunding Issue (2004A)
COP 2014A 01/31/2014 $115,560,000 $ 115,350,000 08/01/2027 Variable Refunding Issue (2002B)
COP 2014B 06/27/2014 $166,010,000 $ 139,390,000 08/01/2025 Fixed Refunding Issue (2011B)
COP 2014C 07/29/2014 $ 33,280,000 $ 33,280,000 08/01/2031 Fixed Refunding Issue (2007A)
COP 2015A 05/05/2015 $106,315,000 $ 61,555,000 08/01/2022 Fixed Refunding Issue (2005A)
COP 2015B 01/14/2015 $145,535,000 $ 138,790,000 08/01/2031 Fixed Refunding Issue (2006A)
COP 2015C 10/25/2015 $ 62,970,000 $ 62,970,000 08/01/2032 Fixed Refunding Issue (2011A)
COP 2015D 4/30/2015 $221,640,000 $ 221,640,000 08/01/2032 Fixed Refunding Issue (2007A, 2007E)
COP 2017A 10/11/2017 $147,850,000 $0 08/01/2027 Fixed Refunding Issue (2007C)
Tax Anticipation Notes 2017 10/10/2017 $115,000,000 $0 8/31/2018 Fixed Operations
Bus Lease 2014 02/20/2014 $14,001,670 $ 2,853,562 08/01/2018 Fixed School Buses
Bus Lease 2015 07/02/2015 $14,235,296 $ 7,190,384 02/01/2020 Fixed School Buses
Bus Lease 2016 3/18/2016 $6,950,240 $ 4,902,626 02/01/2021 Fixed School Buses
Equipment Lease 2015 10/30/2015 $7,152,000 $ 4,329,232 08/01/2020 Fixed Chillers
TOTAL $ 1,405,237,420
Refunded or Defeased Debt
Offering Statement Issue Date Original Principal Amount Principal Outstanding as of 9/30/2017 Final Maturity Rate Purpose/ Comments
COP 2001A 04/01/2001 $ 135,500,000 $ 0 08/01/2011 Fixed Capital Projects
COP 2002A 02/01/2002 $ 115,250,000 $ 0 08/01/2018 Fixed Capital Projects
COP 2002B 03/20/2002 $ 115,350,000 $ 0 08/01/2027 Variable Capital Projects
COP 2002C 05/15/2002 $ 161,090,000 $ 0 08/01/2012 Fixed Capital Projects
COP 2002D 12/01/2002 $ 191,215,000 $ 0 08/01/2028 Fixed Capital Projects
COP 2002E 09/01/2002 $ 93,350,000 $ 0 08/01/2016 Fixed Refunding Issue (1995A, 1996A)
COP 2002Q 06/11/2002 $ 950,000 $ 0 06/11/2016 Fixed Capital Projects
COP 2003A 06/26/2003 $ 60,865,000 $ 0 08/01/2021 Fixed Capital Projects
COP 2004A 05/04/2004 $ 103,575,000 $ 0 08/01/2029 Fixed Capital Projects
COP 2005A 03/22/2005 $124,630,000 $ 0 08/01/2022 Fixed Refunding Issue (2001A, 2002A, 2002C, 2002D)
COP 2005B 06/07/2005 $ 38,505,000 $ 0 08/01/2010 Fixed Capital Projects
COP 2006A 05/25/2006 $ 222,015,000 $ 0 08/01/2031 Fixed Capital Projects
COP 2007A 02/28/2007 $ 268,545,000 $ 0 08/01/2031 Fixed Capital Projects
COP 2007B 03/12/2008 $ 116,225,000 $ 0 08/01/2025 Fixed Conversion
COP 2007D 05/03/2007 $ 30,485,000 $ 0 08/01/2015 Fixed Refunding Issue (1997A)
COP 2007E 10/31/2007 $ 147,390,000 $ 0 08/01/2032 Fixed Capital Projects
COP 2011B 06/29/2011 $ 166,270,000 $ 0 08/01/2025 Variable Refunding Issue (2001B)
Revenue Anticipation Notes 2010 03/09/2010 $56,000,000 $ 0 02/22/2011 Fixed Capital Projects
Tax Anticipation Notes 2010 10/05/2010 $115,000,000 $ 0 01/14/2011 Fixed Operations
Tax Anticipation Notes 2011 09/29/2011 $115,000,000 $ 0 01/26/2012 Fixed Operations
Tax Anticipation Notes 2012 10/04/2012 $115,000,000 $ 0 01/29/2013 Fixed Operations
Tax Anticipation Notes 2013 09/26/2013 $ 115,000,000 $ 0 01/30/2014 Fixed Operations
Tax Anticipation Notes 2014 09/25/2014 $115,000,000 $ 0 01/30/2015 Fixed Operations
Tax Anticipation Notes 2015 10/05/2015 $115,000,000 $ 0 02/01/2016 Fixed Operations
Tax Anticipation Notes 2016 10/11/2016 $115,000,000 $ 0 08/31/2017 Fixed Operations