Trustees of Maricopa Unified School District No. 4 last week opted to send a $230 million general obligation bond request to voters Nov. 6, turning down a proposal for a larger bond package.

A 40-member facilities advisory committee recommended in April that the district, which serves Mesa and southeastern Maricopa County, Ariz., seek authorization for $285 million of new debt to finance a 10-year upgrade program.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.