Altoona-Midway Unified School District, KS (September 2021) – Altoona-Midway Unified School District announces the successful completion of its debt consolidation project. The existing original notes were used for roofing, sidewalks, upgrades in HVAC systems, and various other campus improvements. The consolidation reduced the annual debt service of the district and simplified its debt structure going forward. Government Capital Corporation, Southlake, Texas provided the financing as well as the feasibility analysis. The legal review of contracts was provided by the Kansas Association of School Boards.
“Government Capital walked us through each step of the process and provided timely responses to our questions,” stated Reyna Almond, Altoona-Midway Unified School District Board Clerk. “We’ve had an ongoing relationship with Government Capital for over five years and their experience and expertise in municipal financing is invaluable.”
“It was an honor and a privilege to work alongside Reyna Almond, Altoona-Midway Unified School District Board Clerk,” stated Jennifer Draper, Municipal Finance Specialist, Government Capital Corporation. “We take great pride in assisting school districts meet their goals and objectives.”
About Altoona-Midway Unified School District
Altoona-Midway Unified School District is located in Buffalo, Kansas and educates pre-kindergarten through 12th grade. The school serves an attendance of 180 students. To learn more visit www.usd387.org
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $4.8 Billion across Kansas and the nation. For more information, visit www.govcap.com