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Understand School Finance > Bond Issue/Debt Service > Bond/Loan History
Bond Issues
| YEAR |
ISSUE AMOUNT |
PURPOSE/PROJECT |
PRINCIPAL AMOUNT OUTSTANDING AS OF 6/30/07 |
| 1987 |
$18,110,000 |
High School renovations |
$ 00 |
| 1988 |
$ 5,000,000 |
Oak Ridge (new elementary school) |
$ 00 |
| 1989 |
$ 5,000,000 |
Oak Ridge & other projects |
$ 00 |
| 1989 |
$19,295,000 |
refund series of 1987 (High School) |
$ 00 |
| 1992 |
$10,000,000 |
advance refund 88 & 89 $5,000,000 issues |
$ 00 |
| 1994 |
$10,000,000 |
Indian Crest & Indian Valley additions/renovations |
$ 00 |
| 1995 (Emmaus) |
$10,000,000 |
Franconia renovations/additions, High School miscellaneous, West Broad modulars, other miscellaneous projects |
$ 00 |
| 1996 |
$10,000,000 |
repay Emmaus (1995 Bond) |
$ 00 |
| 1997 |
$16,030,000 |
refund 1992 & a portion of 1994 |
$ 00 |
| 1997A |
$17,530,000 |
refund series of 1989 (High School) |
$ 00 |
| 1998 |
$ 9,995,000 |
Salford Hills renovations/additions, purchase of Administrative Offices, land purchase, and other miscellaneous projects |
$ 00 |
| 2001 |
$ 9,995,000 |
construction of Vernfield Elementary |
$ 00 |
| 2001A |
$ 7,785,000 |
refund series of 1996 (Franconia, High School, West Broad) |
$ 4,515,000 |
| 2002 |
$10,000,000 |
refund series of 1997 (Oak Ridge, Indian Crest, Indian Valley) |
$ 5,110,000 |
| 2003 |
$10,000,000 |
balance of Vernfield Elementary and High School land |
$ 8,900,000 |
| 2003A |
$ 7,865,000 |
refund series of 1998 (Salford Hills, Administration Building) |
$ 5,605,000 |
| 2004 |
$10,000,000 |
refund series of 1997A (High School renovation) |
$ 8,130,000 |
| 2005 |
$45,000,000 |
partial financing of new High School |
$ 44,995,000 |
| 2006 |
$ 7,990,000 |
refund series of 2001 (Vernfield) |
$ 7,490,000 |
| 2007 |
$46,920,000 |
completion of High School |
$ 46,920,000 |
| TOTAL |
$131,665,000 |
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School Funding