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District staff recommend refunding of 2016 bonds; savings to taxpayers not yet quantified
6434650 · October 14, 2025
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Summary
Brenda DeMott told trustees the district is pursuing a refunding of bonds originally issued in 2007 and previously refunded in 2016; she said refunds could save taxpayers but exact savings will be known only after the bonds are sold.
Brenda DeMott, presenting Oct. 13, recommended the district seek a refunding of bonds that were issued in 2007 and previously refunded in February 2016. She described the refunding as similar to refinancing a home loan and said the proposed issue will be called the "2026 refunding…
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