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County treasurer, finance team report $775,989 projected savings after bond refunding
2752191 · March 24, 2025
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Summary
County financial advisers reported successful refinancing of outstanding bonds, producing roughly $775,989 in nominal savings and approximately $638,431 in present‑value savings over the life of the transaction.
San Patricio County heard a presentation on a recent bond refunding that county financial advisers said yielded meaningful interest‑cost savings.
Tony Osso, representing the county's municipal finance team, told the court market conditions in March produced lower yields than in January, and strong investor demand led the…
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