Building Aid: Statewide Average Interest Rate (Final)
Dated: November 2025
The final statewide average interest rate based on debt incurred by districts between 7/1/24 and 6/30/25 is 3.625%. This rate will be used to calculate assumed amortizations of prospective projects with a Commissioner's approval date between 7/1/24 and 6/30/25. It will be used on a preliminary basis to calculate assumed amortizations of prospective projects with a Commissioner's approval date between 7/1/25 and 6/30/26.
See Statewide Average Interest Rate Chart for further details.
Last Updated:
November 13, 2025