HomeMy WebLinkAboutCity of Rexburg Proposed Financing Timeline 4-30-26City of Rexburg
Proposed Financing Timeline
May 19, 2026
Bond Election
Complete design and go
out to bid
Est. April 2027
Sell Bond Anticipation
Note (BAN) or when
needed as per cash
fiow analysis
April 2028 Sell Long-Term Bonds
• Take out BAN
• Provide remaining construction
funds if not all drawn with BAN
Begin Construction Finish Construction
Sept. 2028
Tax Certiflcation
March 2029
1st Payment
Enter 15yr Repayment
Term (Tax Certiflcation)