Bond/Loan History

SOUDERTON AREA SCHOOL DISTRICT
BOND HISTORY (SINCE 1987)

BOND ISSUES YEAR ISSUE AMOUNT PURPOSE/PROJECT CALL DATE PRINCIPAL AMOUNT OUTSTANDING AS OF 6-30-18
1987 $18,110,000 High School renovations   $0
1988 $5,000,000 Oak Ridge & other projectsOak Ridge (new elementary school)   $0
1989
$5,000,000 Oak Ridge & other projects
  $0
1989 $19,295,000
Refund series of 1987 (High School)   $0
1992
$10,000,000
Advance refund 88 & 89 $5,000,000 issues   $0
1994
$10,000,000
Indian Crest & Indian Valley additions/renovations
  $0
1995
(Emmaus)
$10,000,000  Franconia renovations/additions, High School miscellaneous, West Broad modulars, other miscellaneous projects 
  $0
1996
$10,000,000
Repay Emmaus (1995 Bond)
  $0
1997
$16,030,000 
Refund 1992 & a portion of 1994
  $0
1997A
$17,530,000
Refund series of 1989 (High School)
  $0
1998
$9,995,000
Salford Hills renovations/additions, purchase of Administrative Offices, land purchase, and other miscellaneous projects
  $0
2001
$9,995,000 
Construction of Vernfield Elementary
  $0
2001A
$7,785,000
Refund series of 1996 (Franconia, High School, West Broad)
  $0
2002
$10,000,000
Refund series of 1997 (Oak Ridge, Indian Crest, Indian Valley)
  $0
2003
$10,000,000
Balance of Vernfield Elementary and High School land
  $0
2003A
$7,865,000
Refund series of 1998 (Salford Hills, Administration Building)
  $0
2004
$10,000,000
Refund series of 1997A (High School renovation)
  $0
2005
$45,000,000
Partial financing of new High School
  $0
2007
$46,920,000
Completion of High School
  $0
2009 A
$14,105,000
Refund series A of 2001 (Franconia, High School, W. Broad), series of 2002 (Oak Ridge, Indian Crest, & Indian Valley), series of 2003 (Vernfield & High School), and series of 2004 (High School)
  $0
2011
$5,225,522
Refund series of 2001 (Vernfield) Refinancing of 2006 bond
Non-Callable
$0
2009 AA
$8,095,000
Refund series of 2003>
  $0
2009
$43,815,000
Refund series of 2007  (High School)
5/1/2019
$3,145,000
2013
$9,995,000
Refund portion of series of 2005
11/15/2018
$9,530,000
2014
$9,700,000
Refund portion of series of 2005
5/15/2019
$9,685,000
2015
$5,650,000
Refund series of 2009 AA
3/1/2020
$3,985,000
2015 A
$19,680,000 
Refund portion of series of 2005
Non-Callable
$13,040,000
2017
$21,650,000
Refund series 2009 & new money
Non-Callable
$21,370,000
    TOTAL   $60,755,000