What is Statutory Bonding Capacity?
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Bonding capacity is a statutory limit on the amount of general obligation bonds that can be issued at any given point.
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What Is the Difference Between a Proposition 39 and Proposition 46 General Obligation Bond Election?
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California K-14 districts can elect to have their bonds approved under proposition 39 or Proposition 46. Selecting Proposition 39 or Proposition 46 for a bond election could be a political, facility-related, financial, or timing decision, among others.
Read MoreHow Can California School Districts Finance Their Workforce Housing Projects?
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With the rising cost in home prices and rent throughout California, it has become increasingly difficult for teachers and staff to find affordable housing in the communities that they serve. This problem has caught the eyes of State officials and businesses alike.
Read MoreKeygent Advises on Menlo Park City School District Bond Refunding
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Keygent was recently mentioned by The Almanac in its article titled, “Menlo Park school district bond refinancing saves $3.7 million.” Keygent served as financial advisor to Menlo Park City School District (the “District”) on its school bond refunding, which will save the District’s taxpayers over $3.7 million in the form of lower property tax bills.
Read MoreKeygent Advises on $160 Million Beverly Hills Unified School District Bonds
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Keygent Vice President, Chris Hiatt, was recently quoted in an article by the Beverly Hills Courier titled “BHUSD Sells $160 Million in Measure BH Bonds.” Keygent advised Beverly Hills Unified School District (the “District”) on its first general obligation bond financing from its Measure BH authorization approved by District voters on June 5, 2018.
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