The Fayette School District Board of Education, with the help of Ross, Sinclaire & Associates, LLC, has recently refinanced a portion of its Series 2005 School Improvement Refunding Bonds and Series 2006 School Facilities Construction and Improvement Bonds to take full advantage of the current conditions in the bond market. The $4,399,994 refinancing will save taxpayers of the District approximately $290,000 in gross debt service savings over the life of the issue.
[emember_protected custom_msg=”Full content protected for online subscribers. Purchase a one week subscription from the top menu bar for just $1.99 to read all online content (full access). Longer subscription plans are also available. Subscriptions cover our costs to attend local events; bringing forth Hometown News Coverage to our communities.”]
The Board of Education and Treasurer Bentley are constantly striving to reduce the taxes of the District’s constituents, and with favorable bond market conditions, this refinancing provided a great opportunity to save money for the community.
Ross, Sinclaire & Associates, LLC is an Ohio-headquartered investment banking firm and full service brokerage.
[/emember_protected]
