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District Pays Down Debt Early, Saving Taxpayer Money
In its September 14th meeting, the board approved a resolution for the ‘defeasance and redemption’ of outstanding district bonds. This is a fiscally responsible move to pay off existing debt ahead of schedule, which will save taxpayers money on future interest payments.
How to Secure It
Thank the board for this fiscally responsible action. Email the board to encourage them to continue looking for opportunities to pay down debt and reduce the burden on taxpayers. This sets a positive example for other districts.
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Why It Matters: Taxpayer Savings
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