School District 55 taxpayers will save $781,874 over the next 21 years as a result of the district’s advance refunding of a portion of its general obligation bonds on April 5.
The bonds the district refunded were part of a larger bond issue, $18.6 million, that voters approved in 2001, Business Manager Kevin Strong said. Proceeds from the 2001 bond issue were used to fund the Sweet Home High School reconstruction, the Hawthorne Elementary School…