Forsyth County School District — $147.5 Million in General Obligation Bonds
Featured Municipal Bond Issue, Week of July 23rd, 2018: Forsyth County School District (General Obligation, Series 2018) – $147.5 Million
The Forsyth County School District, GA is issuing $147 .5 million in general obligation bonds the week of July 23rd, 2018. The bonds are being issued as a single, tax-exempt series, for the purpose of financing new school buildings and facilities, renovating existing school buildings and acquiring instructional and administrative technology improvement, school buses, school safety upgrades and acquiring any necessary property. The bonds are being underwritten through negotiation by Citigroup. Payment of principal and interest on the bonds will be payable from ad valorem taxes levied, without limitation as to rate or amount, upon all taxable property within the District subject to taxation for school bond purposes.
Details on purposes, tax-status, security, as well as other matters pertaining to this Forsyth County School District bond issue can be found in the preliminary official statement, available on MuniOS.
These facts and numbers are for informational purposes, and should not be considered an official disclosure for potential investors. Investors should consult the official statement. None of the information provided should be construed as a recommendation by MuniNet Guide, MuniNet LLC, Merritt Research Services LLC, or any of their employees. Information and analysis is for informational purposes only.
by Jeffrey L Garceau