KENNEWICK, Wash. – The Kennewick School District (KSD) has refinanced $37.41 million of its 2015 Unlimited Tax General Obligation Bonds, resulting in substantial savings for local taxpayers, said a release by KSD.
The district said its refinancing efforts will save over $4.3 million over the next nine years, with $524,750 saved next year alone.
“The district remains committed to responsible financial management, and this refinancing allows us to reduce costs for taxpayers while continuing to support the needs of our schools and students.” Dr. Traci Pierce, superintendent, stated in the release.
