RE-1 Valley School Board approves bond refunding to generate savings for taxpayers

RE-1 Valley School Board approves bond refunding to generate savings for taxpayers

RE-1 Valley School District is doing its best to be a good steward of taxpayer dollars. During a business meeting on Monday, the school board approved a resolution authorizing the district to issue general obligation refunding bonds series 2026A to refinance certain outstanding bonds at a lower interest rate in order to generate savings. Prior to the board’s action on the resolution, board president Joel McCracken addressed the sticker shock tha…