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Last school bonds sold

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Despite higher interest rates, Elgin ISD was still able to sell the second part of its bonds at a low interest rate to fund its second new elementary school and the multipurpose activity center.During the July 18 meeting of the Elgin ISD school board, PFM Financial Advisors presented the results of last month’s bond sale.The first, and larger, issuance of bonds from the 2021 bond election was sold in January, and the rest of the bonds were sold on June 7. This second round brings in about $72 million in funds, the majority of which will be used for a ...

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