Community Corner
WCCUSD Bond committeee and board meeting this week
I have been trying to get some details on the bond payments, so I have been sending more questions to a district that seems to be reluctant to open up about how it is dealing with a bond authorization of $1,630,000,000. The board and bond committee jointly meet this week but no useful information was made available to the public.
There are a lot of details, but these numbers might be of most interest.
The district can borrow in total: $1.63 billion
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The district borrowed: $912.4 million
The district current owes: $795.4 million
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The district can borrow an additional: $717.6 million
The 2012 debt service: $51.5 million
The 2030 debt service prior to multiple bond sales: $106.5 million
The 2030 debt service after additional sales: ???
The 2012/13 tax per $100,000 of assessed value: $215.70
The 2013/14 tax per $100,000 of assessed value: $281.80
The 2030/31 tax per $100,000 of assessed value: ???