Bond Issuance History -- California School Bonds Clearinghouse
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Bond Issuance History

Monte Rio Union Elementary Bonds

Has the district really been a good steward of your tax dollars as it claims?

Here's a list of every bond1 that the district has authorized. As you can see, some are based on bonds you authorized in a measure. Others are the district issuing bonds to cover a short-fall in its budget. Whether it's a special additional tax that you voted for or not, it's still costing you money every time a bond is issued. All the advisors, brokers, lawyers take their cut and the wealthy investors are paid the interest.

1 Source: State Treasurer, California Debt and Investment Advisory Commission

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Monte Rio Union Elementary
(Sonoma County)
Bonds Issued
Courtesy of California School Bonds Clearinghouse
Sale Date Facility Debt Other Debt Measure Rate Maturity CAB?1 Ref?2 Type?3 Debt?4
1 Capital Appreciation Bonds (CABs)
2 Refunding bonds replace previously issued bonds with new bonds, usually at a lower interest rate.
3 Neg = Negotiated, Comp = Competitive
4 GO = General obligation bond, COP = Certificates of participation, TAX = Limited tax obligation bond
  Grayed Row = Issue has matured and has been fully amortized.
  Green Row = Sale or final documents pending.
Source: State Treasurer Office DebtWatch (June 22, 2018)
Monte Rio Union Elementary School District
2005-06-23     $ 275,000   2.6010%  2006-07-06    Neg  TRAN 
2004-06-15     $ 175,000   1.6010%  2005-07-06    Neg  TRAN 
2003-06-19     $ 250,000   0.8960%  2004-07-06    Neg  TRAN 
1992-06-03     $ 230,000   3.5000%  1993-07-02    Neg  TRAN 
1991-06-10     $ 195,000   4.4300%  1992-07-03    Neg  TRAN 

 


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