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Board committee hears bond refundings that administrators say will save taxpayers $43 million
Summary
At its Jan. 7 committee meeting, Miami‑Dade County Public Schools staff presented two refundings — COP series and GO bonds — that administration said would lower interest costs and save about $19 million and $24 million respectively; the committee voted to recommend E-items to the full board.
Miami‑Dade County Public Schools’ fiscal accountability committee on Jan. 7 reviewed routine financial reports and two proposed debt refundings that staff said would lower interest costs without extending debt maturities.
Mr. Steiger, who presented the E‑item packet, described E35 as a refunding of certificates of…
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