Maricopa County Unified School District No. 48 may issue $118 million of requested debt as taxable Build America Bonds or zero-interest qualified school construction bonds if voters approve the issue in November.

David Peterson, assistant superintendent for facilities and business services, said at a voters forum last week that the district’s tax rate could be lowered if the low- or no-interest rate bonds are issued instead of conventional general obligation debt.

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.