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Everett school district bond refinance saves $1.7M

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Herald Staff
Published:
EVERETT -- The Everett Public Schools has refinanced a portion of its voter-approved bonds, saving more than $1.7 million.
The most recent bond refinancing, on Oct. 15, took advantage of lower interest rates for outstanding bonds of 2003 and 2006.
The action is expected to save taxpayers more than $1.7 million over the next seven years, school officials said. These savings are used to reduce tax levies and are not funds available for district use.
Story tags » Everett School District

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