School District Borrowing

• Data compiled by MPR News from brokerage records.
• Total borrowing to date is $298.5 million. Total interest costs to date is $2.75 million.
* Loans brokered through Springsted were grouped together in a borrowing pool. Interest costs for Springsted brokered loans total $648,215. An official with Ehlers would only give the combined interest costs for loans brokered through Ehlers. Interest costs for Ehlers brokered loans total $1.185 million.

• Click #, School District, Brokerage, Loan Amount, Interest Rate or Interest Cost to sort the table.

#	School District	Brokerage	Loan Amount	Int. Rate	Int. Cost
2396	A.C.G.C	Ehlers	$4,275,000	1.6972	*
2687	Howard Lake-Waverly-Winsted	Ehlers	$2,235,000	1.5722	*
882	Monticello	Ehlers	$4,935,000	1.5772	*
690	Warroad	Ehlers	$3,325,000	1.5144	*
741	Paynesville	Ehlers	$1,355,000	1.4221	*
333	Ogilvie	Ehlers	$2,220,000	1.3935	*
2580	East Central	Ehlers	$2,215,000	1.098	*
413	Marshall	Ehlers	$5,000,000	0.7353	*
47	Sauk Rapids	Ehlers	$2,000,000	1.099	*
2149	Minnewaska	Ehlers	$3,415,000	1.115	*
463	Eden Valley	Ehlers	$1,865,000	1.1489	*
2071	Lake Crystal	Ehlers	$2,085,000	1.1489	*
727	Big Lake	Ehlers	$4,955,000	0.6836	*
182	Crosby	Ehlers	$1,760,000	0.899	*
553	New York Mills	Ehlers	$1,300,000	0.9221	*
309	Park Rapids	Ehlers	$2,025,000	0.9538	*
277	Westonka	Ehlers	$3,500,000	0.9473	*
177	Windom	Ehlers	$1,200,000	1.1641	*
299	Caledonia	Ehlers	$2,215,000	0.8947	*
166	Cook County	Ehlers	$600,000	1.0836	*
2012	Red Rock Central	Ehlers	$800,000	1.0633	*
14	Fridley	Ehlers	$5,000,000	0.8244	*
883	Rockford	Ehlers	$2,600,000	0.8639	*
2835	Janesville	Ehlers	$850,000	n/a	*
549	Perham-Dent	Ehlers	$4,510,000	0.806	*
829	Waseca	Ehlers	$3,335,000	0.806	*
2172	Kenyon	Ehlers	$1,395,000	0.906	*
152	Moorhead	Ehlers	$5,000,000	0.7	*
750	Rocori	Ehlers	$2,500,000	0.828	*
316	Greenway	Ehlers	$4,630,000	0.7008	*
726	Becker	Ehlers	$4,100,000	0.659	*
593	Crookston	Ehlers	$3,700,000	0.645	*
2180	MACCRAY	Ehlers	$1,085,000	0.667	*
485	Royalton	Ehlers	$2,065,000	0.659	*
283	St. Louis Park	Ehlers	$8,000,000	0.589	*
318	Itasca County	Ehlers	$4,950,000	0.6349	*
14	Lakeville	Ehlers	$5,000,000	0.5409	*
623	Roseville	Ehlers	$5,000,000	0.5414	*
252	Cannon Falls	Ehlers	$1,700,000	0.6861	*
100	Wrenshall	Ehlers	$835,000	1.8958	*
831	Lake Superior	Northland Securities	$4,615,000	1.39	$92,300
282	St. Anthony	Northland Securities	$2,855,000	1.480404	$57,100
756	Blooming Prairie	Northland Securities	$1,920,000	1.2053	$38,400
495	Grand Meadow	Northland Securities	$715,000	1.495	$14,300
256	Red Wing	Northland Securities	$4,270,000	1.1531	$85,400
499	LeRoy-Ostrander	Northland Securities	$665,000	1.495	$13,300
742	St. Cloud	Northland Securities	$8,300,000	0.9475	$124,500
2137	Kingsland	Northland Securities	$920,000	1.3948	$18,400
319	Nashwauk	Northland Securities	$750,000	1.3948	$15,000
2342	West Central	Northland Securities	$3,080,000	1.0667	$46,200
695	Chisholm	Northland Securities	$1,400,000	1.3456	$21,000
475	Albany	Northland Securities	$1,745,000	1.2837	$26,175
745	Kimball	Northland Securities	$1,330,000	1.3735	$19,950
480	Onamia	Northland Securities	$1,075,000	1.3977	$16,125
487	Upsala	Northland Securities	$945,000	1.3977	$14,175
15	St. Francis	Northland Securities	$8,500,000	0.8128	$77,917
769	Morris	Northland Securities	$1,350,000	1.0992	$13,922
345	New London	PFM	$3,950,000	1.45	$85,364
2155	Wadena	PFM	$2,000,000	0.8232	$32,250
738	Holdingford	PFM	$2,500,000	1.0334	$33,594
465	Litchfield	PFM	$5,000,000	0.7277	$50,000
595	East Grand Forks	PFM	$2,200,000	0.6638	$24,292
242	Alden-Conger	Springsted	$686,105	0.61	*
2364	Belgrade-Brooten-Elrosa	Springsted	$2,654,988	0.61	*
31	Bemidji	Springsted	$8,864,406	0.61	*
207	Brandon	Springsted	$355,758	0.61	*
846	Breckenridge	Springsted	$492,467	0.61	*
513	Brewster	Springsted	$375,851	0.61	*
286	Brooklyn Center	Springsted	$8,034,599	0.61	*
2159	Buffalo Lake-Hector	Springsted	$896,585	0.61	*
836	Butterfield-Odin	Springsted	$588,203	0.61	*
911	Cambridge	Springsted	$1,871,375	0.61	*
852	Campbell-Tintah	Springsted	$393,974	0.61	*
93	Carlton	Springsted	$990,745	0.61	*
108	Central	Springsted	$386,390	0.61	*
771	Chokio-Alberta	Springsted	$629,471	0.61	*
592	Climax-Shelly	Springsted	$752,687	0.61	*
81	Comfrey	Springsted	$283,070	0.61	*
378	Dawson-Boyd	Springsted	$1,575,894	0.61	*
2164	Dilworth-Glyndon-Felton	Springsted	$1,477,401	0.61	*
208	Evansville	Springsted	$387,670	0.61	*
2752	Fairmont	Springsted	$2,252,347	0.61	*
544	Fergus Falls	Springsted	$6,106,591	0.61	*
2198	Fillmore Central	Springsted	$1,493,948	0.61	*
600	Fisher	Springsted	$483,800	0.61	*
831	Forest Lake	Springsted	$7,780,978	0.61	*
2536	Granana-Huntley-East Chain	Springsted	$420,567	0.61	*
402	Hendricks	Springsted	$207,920	0.61	*
330	Heron Lake-Okabena	Springsted	$837,194	0.61	*
294	Houston	Springsted	$1,015,171	0.61	*
717	Jordan	Springsted	$886,441	0.61	*
2853	Lac qui Parle Valley	Springsted	$492,467	0.61	*
300	La Crescent-Hokah	Springsted	$4,039,116	0.61	*
404	Lake Benton	Springsted	$279,524	0.61	*
813	Lake City	Springsted	$1,661,190	0.61	*
2889	Lake Park-Audubon	Springsted	$896,684	0.61	*
424	Lester Prairie	Springsted	$344,727	0.61	*
2397	LeSueur-Henderson	Springsted	$2,954,802	0.61	*
238	Mabel-Canton	Springsted	$466,169	0.61	*
837	Madelia	Springsted	$583,869	0.61	*
2711	Mesabi East	Springsted	$960,311	0.61	*
635	Milroy	Springsted	$265,834	0.61	*
394	Montgomery-Lonsdale	Springsted	$2,088,552	0.61	*
2169	Murray County Central	Springsted	$807,646	0.61	*
721	New Prague	Springsted	$2,925,648	0.61	*
88	New Ulm	Springsted	$3,899,354	0.61	*
2215	Norman County East	Springsted	$1,821,931	0.61	*
2527	Norman County West	Springsted	$984,934	0.61	*
138	North Branch	Springsted	$8,318,260	0.61	*
118	Northland Community Schools	Springsted	$984,934	0.61	*
2903	Ortonville	Springsted	$738,700	0.61	*
548	Pelican Rapids	Springsted	$886,441	0.61	*
2899	Plainville-Elgin-Millville	Springsted	$981,487	0.61	*
628	Plummer	Springsted	$344,727	0.61	*
630	Red Lake Falls	Springsted	$1,167,245	0.61	*
2890	Renville County West	Springsted	$879,054	0.61	*
516	Round Lake	Springsted	$569,292	0.61	*
16	Spring Lake Park	Springsted	$11,819,203	0.61	*
840	St. James	Springsted	$1,209,006	0.61	*
508	St. Peter	Springsted	$3,939,736	0.61	*
417	Tracy	Springsted	$1,575,894	0.61	*
2125	Triton	Springsted	$1,181,921	0.61	*
458	Truman	Springsted	$1,535,315	0.61	*
2134	United South Central	Springsted	$646,609	0.61	*
113	Walker-Hackensack-Akeley	Springsted	$1,961,594	0.61	*
111	Watertown-Mayer	Springsted	$1,495,228	0.61	*

Short-term School District Borrowing, June-November 2009