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Carlisle board opts for level‑debt scenario for upcoming bond issue to avoid near‑term tax hikes
Summary
After hearing two options from financial advisers, the board signaled consensus for a level‑funding bond scenario (Scenario 2) that minimizes near‑term tax pressure although it carries higher total interest over the life of the debt; advisers will prepare the bond resolution for the April 23 meeting.
Raymond James presented two financing scenarios for the district’s capital program. Scenario 1 front‑loads debt service to lower total lifetime interest, which advisers estimated could save roughly $12.5 million over the full term but would require roughly three annual 0.75 percentage‑point tax…
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