Gold Oak Union School District successfully completed the ‘refunding’ (or refinancing) of $1.92 million of its outstanding bonds, which were approved by District voters in November of 2008 (56.1%). This refunding will save local taxpayers more than $700,000 in total through 2033. With savings projected to be $60.40 per $100,000 of taxable property over that period of time, savings for the typical household in the District are expected to total $191 (averaging $14.50 per year).
MORE: http://inedc.com/14/refi%C2%A0-gold-oak-union-school-district-bond-saves-taxpayers-over-700000