District news
Board approves $76 million in new bonds and certificates for facilities work
What happened
At its September 23, 2025 meeting, the board voted 7-0 by roll call to approve the sale and issuance of $49,000,000 in General Obligation School Building and Facilities Maintenance Bonds, Series 2025B, and $27,000,000 in Certificates of Participation, Series 2025A. The financing funds ongoing facilities and maintenance work, including the Humboldt Senior High School air-handling-unit replacement, and follows a prior $34 million and $15 million General Obligation bond series in 2024.
Why it matters to families
This adds $76 million in new district debt in a single meeting, on top of roughly $49 million issued the year before, committing the district and its taxpayers to a large, ongoing facilities borrowing program.
The evidence
The September 23, 2025 approved minutes record Director Henderson's motions to approve both the $27,000,000 Certificates of Participation, Series 2025A, and the $49,000,000 General Obligation School Building and Facilities Maintenance Bonds, Series 2025B, each passing by unanimous 7-0 roll call vote (Directors Vue, Allen, Carrillo, Franco, Valliant, Henderson, and Ward all voting yes).
The source
September 23, 2025 Regular Meeting approved minutesSee the full record for Saint Paul Public Schools.
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