The district has a history of completing bond projects on time and on budget. The district also works hard to save taxpayer money by repeating school designs. For the 2013 bond, the school district was able to build two new high schools for the same total cost that many school districts typically spend on one high school. This was done through careful planning, repeating our design across both schools, taking advantage of market conditions, and being conservative and focusing on the critical function of our schools. 

Bond Projects Accountability 
Projects Completed with 2013 Bond Funds:

• New Ridgeline High School
• New Green Canyon High School
• New Cache High School
• New Lewiston Elementary School
• Summit Elementary Renovations (Seismic, New Gym & Classrooms)
• Providence Elementary Renovations (Seismic, New Gym & Classrooms)
• Millville Elementary Renovations (Seismic, New Gym & Classrooms)
• Sunrise Elementary New Gym
• Property Acquisition: 38 acres for Ridgeline High School
• Conversion of 3 Middle Schools into Elementary Schools
• Building Security Hardware: Every classroom able to lock doors from inside the room.

Bond Finance Accountability
Cache County School District issued $129,000,000 in bonds:

Series 1 - $90,000,000 (2014):  

• CCSD issued $90,000,000 in bonds on February 26, 2014, scheduled to be paid off by 2034.  
• In 2021, $47,000,000 was refinanced, saving taxpayers $7,500,000 in future interest payments.  
• In 2022, $25,000,000 was refinanced, saving taxpayers $700,000 in future interest payments.  
• The 2014 bonds are scheduled to be paid off by June 2029, five years earlier than scheduled.   

Series 2 - $39,000,000 (2016)

• CCSD issued $39,000,000 in bonds on March 17, 2016, scheduled to be paid off by 2035.
• If interest rates become favorable, CCSD will look to refinance the remaining payments.
• The current payoff schedule remains 2035.    

Bond Projects Accountability 

Projects Completed with 2004 Bond Funds

• New Canyon Elementary School
• New Heritage Elementary School
• New Birch Creek Elementary School
• Millville Elementary Parking Expansion
• North Park Elementary New Gymnasium
• South Cache Cafeteria Expansion
• North Cache Cafeteria Expansion
• Mountain Crest Driver Education Range
• Mountain Crest Sports Complex
• Sky View Media Center & Music Wing
• Sky View Outside Sports Facilities
• Heating & Electrical Upgrades in Older Elementary Schools
• Air Conditioning for Media Centers
• Property Acquisition:
  • 10 acres for Service Center
  • 10 acres for future Hyde Park school
  • 11 acres for Canyon Elementary School
  • 25 acres for future Smithfield school
  • 11 acres for Birch Creek Elementary School
  • 28 acres for Heritage Elementary School and future middle school
• New Service Center for Transportation & Maintenance Departments
• New Training & Technology Center

Bond Finance Accountability
Cache County School District issued $60,000,000 in bonds:

Series 1 - $27,000,000 (2004):  

• CCSD issued $27,000,000 in bonds on August 3, 2004, scheduled to be paid off by 2021.  
• In 2013, $21,000,000 was refinanced, saving taxpayers $2,500,000 in future interest payments.  
• The Series 2004 bonds were paid off on June 15, 2021 as originally scheduled.  

Series 2 - $10,000,000 (2006)

• CCSD issued $10,000,000 in bonds on November 28, 2006, scheduled to be paid off by 2024.
• In 2016, $4,800,000 was refinanced, saving taxpayers $675,000 in future interest payments.  
• The Series 2006 bonds were paid off on June 15, 2019, five years earlier than scheduled.  

Series 3 - $23,000,000 (2009)

• CCSD issued $23,000,000 in bonds on March 5, 2009, scheduled to be paid off by 2026.
• In 2019, $10,400,000 was refinanced, saving taxpayers $1,050,000 in future interest payments
• The Series 2009 bonds will be paid off on June 15, 2025, one year earlier than scheduled.