Many schools are piling into munis because they need the money to spruce up their campuses. — Bloomberg
LOS ANGELES: Just down the road from Stanford University, a roughly US$200mil campus upgrade is underway at one of the Palo Alto area’s elite private schools, with plans encompassing state-of-the-art classrooms, an aquatics centre and a recording studio.
It’s a massive financial undertaking for the Castilleja School Foundation.
