Since 1986, Rex Despain has helped scores of districts obtain needed capital. He has participated in a variety of financings, including COPs, GO bonds, Assessment District bonds, Mello-Roos bonds, and TRANs.
Rex was instrumental in developing a program in which individual districts could participate with their County Office of Education in a pooled TRANs. In 2011, he worked with the Tulare County Office of Education on its first Pooled TRANs issues. Because of Mr. Despain’s vast experience with all types of school financings he has the ability to customize a financing plan specific to the District’s needs utilizing a variety of financial instruments.
Rex has helped numerous districts work through OPSC programs for interim financing and modernization, and he has taken an innovative approach to help enhance district revenues. Examples include financing unfunded liabilities, issuing low-interest debt, and numerous refundings.