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2013.10.16 Bond sales save taxpayers $24 million
Handle: Document-48291
Owner: Lane, Mariah (User-6926, 16068:EVERETT)DS
Wednesday, October 16, 2013 11:58:59 AM PDT
Wednesday, June 4, 2025 08:48:33 AM PDT
Modified By: Raju, Teena (User-4456, 13285:EVERETT)DS
Locked By:
  • “Reduced interest
rates mean savingsfor our public.
  • Reduced interest rates mean savings for our
public,” noted Board of Directors Vice President Carol Andrews.
  • These savings flow directly to taxpayers through reduced tax levies
and are not funds available for district use,” explained Andrews.
  • The
interest we will pay on the refinanced bonds averages 1.88 percentcompared to 5.0 percent on the old bonds.”
  • - more –
Everett Public Schoolsis one of the top sevenrated districts in thestate, resulting inlower bond costs fordistrict taxpayers.
  • Moore explained, “The ratings reports are reviewed by major investors to determine the level of risk f...
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2013.10.16 Bond sale saves taxpayers money.pdf
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Appears In: 2013-14 News Releases
Preferred Version: 2013.10.16 Bond sales save taxpayers $24 million