District Sells Bonds; Receives Lower Interest Rate

March 25th, 2021 /
Caleb Price /
Business, News, PCSD School Board, Public Relations, Timpview High, Updates/Announcements

The Provo City School District Board of Education is happy to announce voter authorized bonds were sold today. Prior to the sale, the district received a bond rating of Aa2 due to its financial stability. This rating coupled with the State Treasury rating enabled the district to receive an interest rate that was lower than early estimates. As a result, the tax impact to the public will be less than originally anticipated.