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2019.05.23 District refinanced bonds, saving taxpayers $7.4 million in 10 years
Handle: Version-93998
Owner: Goodhart, Jennifer (User-4536, 13277:EVERETT)DS
Thursday, May 23, 2019 11:10:18 AM PDT
Wednesday, June 4, 2025 08:48:33 AM PDT
Modified By: Raju, Teena (User-4456, 13285:EVERETT)DS
- News release May 23, 2019 District refinanced bonds, saving taxpayers $7.4 million in 10 years High credit ratings and lower interest rates benefit taxpayers over long-term On May 22, 2019, Everett Public Schools sold a total of $62,935,000 of tax-exempt bonds, which will provide $49.7 million of funds to finance a portion of the bond projects approved by voters in February 2018. - The refunding portion of the 2019 bond issue is the fifth such refunding the district has completed since 2007. - The district has been monitoring bond market conditions over the past six months, and recent low interest rates allowed the district to exceed their savings target. - Standard and Poor’s Global Ra...
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Appears In: 2019.05.23 District refinanced bonds, saving taxpayers $7.4 million in 10 years