School District Saves Taxpayers over 7 Million Dollars

Posted Date: 10/19/2021

October 13, 2021

The big news is that the school district saved taxpayers $7,417,247 and made the choice to keep the total mill levy flat for School Year 2021-2022. 

The huge savings was possible because of board decisions six years ago, that allowed the current board to act and refinance eligible bonds at today’s low rates.  They also took action to accelerate the repayment of the bonds, by making two payments each year.  This action was possible because the District is fiscally sound, and has a strong balance in the Bond & Interest Fund.

Click here for more detailed information and recent accountability reports: https://www.usd443.org/560742_3