Bond 2021 Updates

Bond 2021 Summer Projects Update

At the August 21 Board of Trustees Work Session, staff shared an update on completed Bond 2021 Construction projects and other construction projects which took place this summer.

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District Refunds Bonds, Saving $9.7 Million

On Oct. 22, RISD refunded $45.9 million in outstanding bonds, resulting in $2.3 million in present value savings and $9.7 million in total debt service savings over the life of the bonds.