The tax payers small Red Windfall

Its always nice to see the “Red Plan” mentioned in a news story as it was today. The 2008 bonds will be refinanced if possible and it appears that starting next year taxpayers will see the District reduce their burden by $235,000 a year until the bonds are paid off in their twentieth year.

I made a point of giving a nod at the Business meeting to Gary Glass who felt ridiculed when he urged that the District try to reduce the cost by refinancing the bonds. I’m sure he will be gratified to see his suggestion being acted on.

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