The Public Finance Authority today applauded the successful ribbon cutting of the new Coral Academy of Science Las Vegas campus made possible in part by financing assistance from PFA. The PFA assisted in financing the expansion of this state-of-the-art charter school in East Henderson, Nevada on a 20-acre site in the Cadence neighborhood. CASLV notes that the Cadence campus has opened its doors as a Pre-K-8 campus but will grow into a Pre-K-12 campus in subsequent years.
“We are very excited to bring Coral Academy’s STEM and college-preparatory curriculum to the East Henderson and Cadence community,” said Ercan Aydogdu, executive director and CEO at CASLV. “We look forward to continuing to grow with the community and offer the best education possible for many years to come. Thank you to our partners like PFA who made this project possible and continue to support our great schools.”
“The Coral Academy of Science Las Vegas project in Las Vegas is an excellent example of projects PFA is incredibly proud to support,” remarked Mark O’Connell, president and CEO of Wisconsin Counties Association, a founding sponsor organization of PFA. “Connecting a highly rated charter school with local government financing resources is precisely why PFA exists.”
The Coral Academy of Science Las Vegas first opened in 2007 at its Tamarus Campus and has since added several other campuses in different areas of Nevada due to a growing demand for its academic model. The charter school’s mission is to provide a safe, rigorous college preparatory environment that promotes social responsibility and a culturally diverse community dedicated to becoming lifelong learners bound for success. Some distinctions that make CASLV unique are a smaller student-to-teacher ratio, an emphasis on science and math, cutting-edge technology integrated into the curriculum, and free after-school tutoring. These distinctions have earned CASLV the title of #1 Elementary School in Nevada according to the U.S. News and World Report 2022 Best School Rankings.
PFA partners with local governments to aid in the financing of public benefit projects that create temporary and permanent jobs, affordable housing, community infrastructure and improve the overall quality of life in local communities. In 2021, the Public Finance Authority celebrated more than 10 years assisting in financing public benefit projects that provide local economic development, create jobs, produce state and local tax base, and meet needs of eligible borrower’s state or local issuing authorities may not be able to serve.
PFA was established by Local Government. For Local Government.™, in order to provide local governments and eligible private entities nationwide with access to low-cost, tax-exempt and other financing for projects that are important to the community and contain no risk to the taxpayer. PFA is jointly sponsored by the National Association of Counties, National League of Cities, Wisconsin Counties Association and League of Wisconsin Municipalities.