Kurtis and Dr. Hawkins are joined by Doug Whitt, from Samco Capital, to take a deep dive into school finance and how school bonds work from a financial viewpoint.

Table of Contents:

00:00 - Welcome

00:55 - Good Things: Pizza with Parents

03:22 - How finance is examined for bond capacity

04:42 - How often is a district debt free?

06:17 - What is CCISD's maximum bonding capacity?

07:16 - What is the process to form a Long Range Facilities Planning Committee?

11:42 - What happens once a district passes a bond?

17:38 - What might it look like in CCISD if Bond 2025 passes?

21:34 - What does it mean when a district pays off its debt & how often does that really happen?

24:30 - What has the CCISD board done to address facilities so far?

27:44 - How did we get here?

29:57 - Capital projects vs. Maintenance in schools

31:55 - A look at today's bond environment

35:26 - Common bond misnomers, including how the M&O tax rate works

39:28 - Personal finance vs. public school finance

41:08 - School bonds vs. Federal Government debt

41:58 - How bond capacity is calculated & how refinancing could work

47:52 - Understanding a parent's perspective

51:32 - Estimated financial impact in the community

54:13 - Normal place to be & final bond stats

55:04 - Looking Forward