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MILPITAS UNIFIED SCHOOL DISTRICT
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BOND & CONSTRUCTION

Bond & Construction | Bond AA Construction Update | Bond Measure AA 2018 | Bond Measure E | CBOC Meeting & Agendas | Developer Fees ​| State Matching Funds | Current Bids

Bond Measure AA

In November 2018, the voters of Milpitas approved the General Obligation (GO) Bond Measure which would generate $284,000,000 to pay for improvements to renovate and repair Milpitas schools. This follows the passage of a $95 million bond in June 2012.

To read Measure AA Full Text from Ballot, click here.
To read about the Bond AA Construction Updates, click here.

Citizens Bond Oversight Committee (CBOC)

The Milpitas Unified School District’s Citizen Bond Oversight Committee (CBOC) is a state-mandated committee of local residents that oversees the approximately $284 million in School Facilities bonds approved by voters November 2018.
Amin Fazal - Parent of an MUSD student
Gregory A. "Spike" Jones - Parent of an MUSD student
Silvia Dias - Parent of an MUSD student and active in a parent-teacher organization
Prasanth Pulavarthi - 
Parent of an MUSD student and active in a parent-teacher organization 
Pono Victor Aiona - Member of the business community 
Ron Lind - Active member of a senior citizens' organization
Joseph Weinstein - Active member of a taxpayer organization 
Suraj Viswanathan - Member of the community at large
Thomas Valore - Member of the community at large

Remodeling and Renovation Projects Update (May 2017)

Superintendent of the Milpitas Unified School District, Cheryl Jordan, and Director of Facilities & Modernization, Joe Flatley, deliver a PSA regarding the current remodeling and renovation projects being worked on by the Milpitas Unified School District.

Bond Measure E

In February 2012, the Milpitas Unified School District Board of Education voted unanimously to place a local school facilities bond measure on the June 2012 ballot.  The measure generated $95 million to renovate and repair Milpitas schools, ensuring all students have access to safe and modern classrooms.
 

​For more information on Bond Measure E completed projects and reports, click here.
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MUSD gets record low rate for Measure AA, Series B General Obligations Bonds sale

​With a favorable result that will save Milpitas taxpayers, the District successfully sold the second series of bonds, Series B, from its 2018 Measure AA authorization for $150,000,000, with a district record-low 2.084% All-in True Interest Cost.
 
"I can say with utmost confidence this is the lowest borrowing cost that Milpitas Unified has experienced through any of its prior general obligation bond sales," reported KNN Public Finance Principal/Managing Director Blake Boehm.
 
Assistant Superintendent Wendy Zhang, along with Boehm, provided the Board and community with a summary of the transaction, which closed on September 29.
 
MUSD received ratings from both Moody’s Investors Service and S&P Global Ratings. Moody’s and S&P assigned ratings at ‘Aa1’ and ‘AA’, respectively. Main factors include: Sizable and growing tax base with access to Silicon Valley; Strong income levels with proven community support of district's operating and capital needs; Very strong reserves and maintenance of special reserve funds; Good financial management policies and practices; and Strong educational programs and future outlook.
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Milpitas Unified School District
1331 E. Calaveras Blvd. 
Milpitas, CA 95035
408.635.2600

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  • HOME
  • ABOUT
    • Board of Education >
      • Meet the Board / Board Policies
      • State Board Member of the Year >
        • State Board Member of the Year Blog
      • District Committees
      • Board Resolutions
      • Meetings and Agendas >
        • Written Public Comments
      • Board Meeting Videos
      • Board Highlights
      • City and MUSD Communications Subcommittee
    • Superintendent >
      • Superintendent Blog
    • District Calendar
    • District News >
      • Press
      • School LIFE E-Newsletter
    • Contact Us >
      • Public Records Request
    • Bond + Construction >
      • Bond Measure AA Construction Updates
      • Bond Measure E
      • Measure B 1996 GO Bond
      • Current Bids
      • Developer Fees
      • New Elementary School
      • State Matching Funds
      • CBOC Meetings & Agendas
    • Measure E Parcel Tax >
      • Parcel Tax Renewal
    • Measure C Parcel Tax Oversight Committee
    • MUSD Video Series'
    • MUSD Priorities and Mission
    • Policies + Procedures >
      • Bullying
      • Handbooks
      • Formal Complaint
      • Title IX and Gender Equity
      • Website Accessibility
    • ACADEMICS >
      • Programs >
        • Independent Study Program
        • Math Program
        • Music Program
        • Pathway to Career
        • Personalized Learning
        • Summer Program
        • Title I
      • AB 104
      • Assessments
      • CalSCHLS Survey
      • Common Core Standards
      • LCAP
      • MUSD & SJECCD Joint Use Program
      • Transitioning Grades
    • Federal Programs
  • ENROLLMENT
    • District Boundary Map
    • District Transfers
    • Dual Immersion
    • Find Your School
    • Handbooks
    • New Student Enrollment
    • Yearly Registration
  • DISTRICT TEAMS
    • Human Relations >
      • Human Relations- Join Our Team
      • Careers / Housing Opportunities
      • Certificated Employees
      • Classified Employees
      • Management Employees
      • Mental Health Resources (Staff)
      • New Teacher Induction
      • Workers Comp
    • Business Services >
      • Meet Our Team
      • Payroll and Benefits
      • Facility Rental
    • Learning & Development
    • Maintenance, Operations, and Transportation
    • Student Nutritional Services
    • Technology
    • Organization Charts
    • Staff Resources
  • SCHOOLS
    • Child Dev. Center
    • Elementary >
      • Burnett
      • Curtner
      • Mattos
      • Pomeroy
      • Randall
      • Rose
      • Sinnott
      • Spangler
      • Weller
      • Zanker
    • Middle >
      • Rancho
      • Russell
    • High >
      • Calaveras Hills
      • Milpitas
      • Milpitas Middle College High School
    • Adult Education
    • EducatEveryWhere Virtual Pathways Program
    • MetroED
    • SARC Reports
  • GET INVOLVED
    • AASC
    • Attendance
    • MUSD Innovation Campus Campaign
    • CBAC
    • DELAC
    • Digital Citizenship
    • Immigration Support
    • Mental Health Resources
    • Milpitas Elementary Olympics
    • MUSD Alliance Partners
    • MUSD Culture of WE Equity Team
    • Project Cornerstone
    • PTA | Milpitas Council
    • Volunteer Opportunities
  • COVID-19
    • Resources (COVID-19)
    • Teacher and Student Highlights (COVID-19) >
      • Gradspiration
    • Other Emergencies
  • Let's Chat