Report to Board on Bond Sale
On July 24th the District entered into a competetive sale of $26,000,000 in bonds. The bonds were purchased by Morgan Stanley & Co, LLC. Superintendendent Green will review the process and outcome with the board. The documents attached were generated by Mark Prussing, the district's financial consultant. They include a four page overview of the bond sale results and a comparison of Woodland's sale to two other sales, Issaquah SD, A large district in the Seattle area with an excellent credit rating, and Ridgefield School District, a district with similar rating and other conditions to Woodland. By comparison to these districts Woodland did very well.