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Perris Union board authorizes 2026 general-obligation refunding bonds to lower taxpayers’ debt costs
Summary
The Perris Union High School District board voted Jan. 14 to authorize issuance of 2026 general-obligation refunding bonds intended to reduce district debt-service costs and pass savings to taxpayers; presenters estimated net-present-value savings north of $1.1 million and outlined a tentative February pricing schedule.
The Perris Union High School District board voted to authorize the issuance and sale of the district’s 2026 general-obligation refunding bonds, approving the resolution by a 5-0 roll-call vote.
The bond-finance presentation from district advisors described a refinancing aimed at lowering interest costs on existing debt so savings can be returned to taxpayers through lower future tax bills. The district’s assessed value and remaining statutory bonding capacity were…
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