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District Approves Plan to Pay Down Debt Early, Saving Taxpayers Nearly $900k
The minutes from the August 17th meeting, up for approval under Item 11.a, show the Board voted to adopt a tax rate that will generate excess revenue specifically to prepay $6.56 million in existing bonds. This fiscally responsible action is projected to save taxpayers $897,940 in future interest payments.
How to Secure It
AMPLIFY THIS WIN: Email the Board (contact info on district website): ‘Thank you for your fiscally responsible decision in the August 17th meeting to pay down debt early, saving taxpayers almost $900,000. Please continue to prioritize paying off debt over issuing new bonds.’
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Why It Matters: $897,940 in Taxpayer Savings
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