Bakersfield City School District, founded in 1946 and located in Bakersfield, California, serves a diverse student population with the mission of providing quality education and resources to foster academic success. The district operates multiple elementary and middle schools, offering a robust curriculum and various extracurricular activities to meet the educational needs of the community.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BAKSCD 4.39% 2033-05-01 USDBakersfield City School District | United States | 2033-05-01 | 4.390 | 4.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The district has been active in the bond market, with its first bond issuance occurring in the early 2000s to fund facility improvements and expansions. Notably, in 2016, Bakersfield City School District issued bonds totaling $55 million for the construction of new school facilities. Current yields on their bonds are competitive within the education sector, reflecting strong demand for educational infrastructure investments. Special features of their bonds include tax-exempt status, providing investors with favorable returns, coupled with recent positive news regarding increased state funding, which strengthens the district's financial profile and bond backing.