Case Study
Brown Local Schools
Brown Local voters approved a $17,152,577 bond levy on August 6, 2013 to support the construction of a new PK-12 building to house the entire student body, thereby replacing all existing school facilities. The project was estimated to cost $24,503,681 with the Ohio School Facilities Commission (OFCC) contributing $7,351,104 to the project. At the time of the election, the District had selected the bond counsel firm that would perform the legal work on the issue as well as its bond underwriting firm. Only once the issue was approved did the District engage Sudsina & Associates to represent the District on financing matters during the execution of the financing plan. In order to ensure that the District achieved the lowest possible financing cost for the project, the financ