Bond refinancing to save tax payers $200,000
Bond refinancing to save tax payers $200,000
Walla Walla taxpayers stand to save $200,000 thanks to the district refinancing $3,000,000 in existing school bonds to a lower interest rate.
The district is working with bond experts to watch the market for the best time to lock in a new interest rate. The district will not refinance unless it can guarantee a $200,000 savings above and beyond all associated fees.
The district hopes to close the sale of the bonds by September.
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