Board Approves Sale/Refinancing of Bonds, Saving Taxpayers Millions


At their regular February meeting, BISD’s Board of Trustees authorized the sale of $105 million in bonds during March 2015. The Board is selling bonds at this time to take advantage of historically low interest rates, thus saving taxpayers interest on bonds approved by voters in November 2014. In addition, the Board voted to refinance $99,272,054 of Series 2007 and 2008 bonds to also take advantage of the historically low interest rates.

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