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Unless noted otherwise, the source of the information contained herein is the District, the
District’s financial statements or the District’s budget.

Summary of Outstanding Debt
(As of January 18, 2021)

Final
Dated Original Amount Current Amount Maturity
Issue Description Date of Issue Outstanding Date
G.O. Limited School Bonds, Series 2011A............................................................................... 09/08/11 $ 5,935,000 $ 5,935,000 12/01/22
G.O. Refunding School Bonds, Series 2015.............................................................................. 11/19/15 6,990,000 6,825,000 12/01/24
G.O. Limited Tax Refunding School Bonds, Series 2016........................................................ 09/07/16 16,435,000 1,020,000 12/01/21
G.O. Limited Tax School Bonds, Series 2020B (the "2020B Bonds").................................... 05/13/20 47,440,000 47,440,000 05/01/40
G.O. School Bonds (Alternate Revenue Source), Series 2020C (the "2020C Bonds")........... 05/13/20 27,895,000 27,275,000 12/01/45
G.O. Limited Tax School Bonds, Series 2020D (the "2020D Bonds").................................... 05/13/20 27,140,000 27,140,000 12/01/34
G.O. School Bonds (Alternate Revenue Source), Series 2020E (the "2020E Bonds")............ 05/13/20 3,280,000 3,250,000 12/01/30
Total ........................................................................................................................................... $ 118,885,000

Enrollments

The table below includes historical enrollment utilizing the Fall Housing Count (Housed)
which reflects students enrolled as of the last school day in September.

School Year Enrollment (1) School Year Enrollment (2)

2016-2017 3,005 2021-2022 2,314
2017-2018 2,949 2022-2023 2,191
2018-2019 2,945 2023-2024 2,290
2019-2020 2,737 2024-2025 2,293
2020-2021 2,677 2025-2026 2,300

(1) The District’s enrollment was affected by the opening in 2010 of the Southland College Prep Charter High School. The
Charter School has reached its 500 student capacity, but has petitioned to increase the maximum amount to 550. The recent
decline in enrollment is due the aging population and lower population turnover leading to a decline in the number of
students enrolled in the feeder school districts.
(2) Projected enrollment.
Source: The District

2