They say it is going to have zero tax impact because of, quote, strategic staffing adjustments and prepayment of debt, saving over $1.1 million in interest payments on bonds. Originally Scheduled to be paid off by 2039, they'll be fully RET by 2026. As the bond levy decreases, the district can fund projects while still lowering the overall tax rate for constituents. So what they're saying is we're retiring this old bond, we're retiring this old debt, we're incurring new debt. (1:43:43–1:43:51)
CLAIM
Asserts that bonds originally scheduled for payoff by 2039 will be retired by 2026.
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