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Board approves resolutions to refinance bonds; staff estimate more than $6 million in taxpayer savings

Jefferson Union High School District Board (meeting) · March 25, 2026
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Summary

The board approved resolutions to refinance portions of prior bond authorizations tied to 2016 issuances; staff and the district’s financial adviser said the restructuring is expected to yield estimated savings above $6 million to taxpayers.

District staff presented two related resolutions authorizing refinancing of portions of the district’s outstanding bonds. The staff presentation explained the series distinctions: one series would refinance authorizations tied to 2006; a second series would refinance authorizations tied to 2014, with both restructuring debt…

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