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Fontana Unified School District: BAN Repayment Strategies

Explore repayment options for Fontana Unified School District's Bond Anticipation Notes (BAN) and related bond issuance, including extension, refinancing, and bond referendum. Make informed decisions for financial stability.

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Fontana Unified School District: BAN Repayment Strategies

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  1. Fontana Unified School District BAN Repayment Options

  2. Option 1 • Extend BAN Payoff for 2 years • Bond Referendum (2013)

  3. Option 2 • Pay down Series A debt w/ Bond Funds • Refinance Series A • Issue $93M in Bonds • Issue $11.7M in COPs

  4. Option 3 • Repay $48M with issuance of COPs

  5. Option 4 • Repay issue with $48M in Bonds • Refinance Series A

  6. Question?

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