Long & Short Term Financing

 

 

The School District issues long-term debt to finance the School Districts Capital Improvement Program. The School District also annually issues about $500 million of short-term debt for cash flow purposes. Since the establishment of the SRC, the District has issued over $4.0 billion of longer term debt, including the strategic use of derivatives to reduce and manage interest costs, and almost $3.0 billion of short-term debt.