Bond refinancing and new bond sale
Mahtomedi Public School DistrictMinnesota- Detected
- Oct 12, 2026
- 23 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
At its October 12, 2026 study session, the board received an update on bond refinancing from Tim Erickson and Matthew Hammer of Ehlers, Inc. Hammer said the district did not borrow the full $28 million project funds upfront from the November 4, 2026 approved bond referendum and instead borrowed half in January 2026. He said Ehlers planned to go out for bonds again as early as January 2027, with closings discussed for February 2027 or March 2027.
The board also reviewed assumptions and debt service options through 2027.
- Meeting date
- October 12, 2026
- Agency
- Mahtomedi Public School District
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