Orange, Texas (October 2019) – Deweyville Independent School District announces the closing of $5,285,000.00 in Unlimited Tax Refunding Bonds, Series 2019 which refunded the Series 2003 and 2010 bonds. Dr. Keith A. Jones, Superintendent, stated “The interest cost savings resulting from the recent refunding will allow us to continue to provide the highest quality education while reducing the cost to our constituents.”
Government Capital Securities Corporation (GCSC) who has represented Deweyville ISD since 2016, served as Financial Advisor for the District in connection with the structuring and closing of the financing.
“It was a great experience working through the complexities of this financing with Dr. Jones and the school board. We take great pride in assisting Texas School Districts reach their goals and objectives.”, stated Wade Thompson, Government Capital Securities Corporation Vice President.
About Deweyville Independent School District
Deweyville Independent School District is one of the top performing schools in the area. Students excel in academics, band, athletics and UIL extracurricular competitions. Enrollment is below 600 and students benefit from being taught by highly experienced faculty with low turnover. Small class sizes make it possible for teachers to tailor instruction to meet individual needs. DISD has a high graduation rate and graduates’ transition well into post-secondary education and the workforce. For more information, visit www.deweyvilleisd.com.
About Government Capital Corporation
GOVERNMENT CAPITAL SECURITIES CORPORATION (GCSC) is a municipal advisory securities firm headquartered in Southlake, Texas. Since 1999, the firm has offered its school district clients a broad range of Public Finance services, including Bond Election planning and structuring, Tax Notes, Refunding Analysis, 313 Agreements and related continuing disclosure support. For more information, visit www.govcapsecurities.com.
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