Carlsbad Unified Delivers Savings to Local Taxpayers Carlsbad Unified School District is proud to announce its most recent initiative to benefit its students and community members. This initiative will deliver bond interest savings to local taxpayers from the refinancing of some of the District’s Election of 2006 Proposition “P” Bonds. Under the leadership of the Board of Trustees, Superintendent Dr. Suzette Lovely chose to take advantage of historically low interest rates to refinance the District’s Election of 2006 Proposition “P” Bonds without extending the term of those bonds. The District was able to reduce the interest rates on the bonds from 4.98% to 2.42%, reducing the community’s tax bill by $1.132 million over the next 13 years. Complete story here: carlsbadusd.k12.ca.us
Posted on: Thu, 07 Aug 2014 21:11:43 +0000
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