WMFD TV

Search Archive WMFD.com News

www.wmfd.com - The Bucyrus City Schools Board of Education approved the refunding of bonds. }}" />

   
 
 
Board of Education Approves Bond Refunding

Story By: Brigitte Coles

 

 

 
 
 
  Email Story to Friend
   
  Original Published: 5/30/2013

The Bucyrus City Schools Board of Education approved the refunding of bonds. The bond refunding will save taxpayers of the district $1,178,284.16 and reduce the bond payoff term by two years.

"This is a substantial savings for our district residents," Treasurer Ryan Cook said. "This decision continues the Board of Education's dedication to maximizing the investment our stakeholders continue to make in the district."

"While the savings to taxpayers are significant, it's important to note that the operational funding of the school district will not be affected. We are neither saving or making money with this decision," Cook said. "Rather, these are dollars that do not have to come out of our taxpayers pockets."

"This shows that the board of education and district leadership are working to maximize the dollars entrusted to us by the stakeholders in our district," Superintendent Kevin Kimmel. "Ultimately, this was a move that more positively benefitted our community, and we are proud to be able to help the people that help us provide education for our young people.”

   
  MORE RECENT NEWS
 
Image1 Baseball as it was played in 1860 was showcased Sunday in Shelby. Full Story
Image1 A Galion man died from injuries he received in an all-terrain vehicle accident Saturday on Leesville Road, east of State Route 598 in Crawford County. Full Story
 
Image1 For the 20th anniversary of "The Shawshank Redemption," actor Scott Mann came back to Mansfield to debut his gallery of photographs he's taken over the years. Full Story
Image1 What was formerly a Lucas nightclub will be turned into a community center for all ages - but not without a little help. Full Story
  MORE NEWS
 

Lucas Community Center Raises Money to Finish Renovations

Pleasant Hill Lake Park Celebrates Labor Day

Richland Carrousel Park Celebrates 23rd Anniversary

Girls' night out with a medical twist

Beware of asphalt paving scams

Mosquito Spraying Schedule

More News