2026 refunding bond issuance
Naughton Public School District 25North Dakota- Detected
- Jul 23, 2026
- 102 days ago
- Sector
- School Taxes
- Est. value
- Free account
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THE 30-SECOND BRIEF
The board approved issuing up to $20,000,000 in General Obligation Limited Tax Refunding School Bonds, Series 2026, to refinance portions of its 2017 bond issue and achieve debt service savings. The resolution authorizes designated administrators to structure and sell the bonds by February 18, 2027, via competitive sale, negotiated underwriting, or private placement, with Raymond James advising. This is a significant finance transaction that may require bond counsel, disclosure, financial advisory, rating, and related professional services, and signals the district’s broader capital and debt strategy for the next several years.
Raymond James will run competitive sale and advise on negotiated or private placement; Amalgamated Bank of Chicago is bond registrar, paying agent, and possible escrow agent. Municipal bond insurance may be purchased if savings justify it.
From the meeting
- Meeting date
- July 23, 2026
- Agency
- Naughton Public School District 25
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