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Bond sales lead to more money for Kootenai County school districts

by DEVIN WEEKS
Staff Writer | February 3, 2025 1:08 AM

The Idaho State Department of Education announced Monday that bond sales have resulted in Idaho schools receiving an additional $86.5 million in facilities funding, thanks to favorable market conditions and collaboration between the Idaho Department of Education, Idaho State Building Authority and financial services firm JP Morgan in moving the bond process forward.

"The funding goes beyond the $1 billion that districts were expected to receive following the passage of 2024’s House Bill 521," the department said in a news release.

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