tax payers

LA MESA=SPRING VALLEY DISTRICT SAVES PROPERTY OWNERS $650,000

 

Proposition M Bond Refinance a huge success

March 27, 2014 (La Mesa) -- The La Mesa-Spring Valley School District was able to refinance a portion of the Proposition M General Obligation Bonds saving $650,000.  Much like a homeowner can refinance a home loan to obtain a better interest rate and lower their monthly mortgage payment a school district can refinance its bonds for a better rate and lower the bond cost to all property tax payers.


Error message

Support community news in the public interest! As nonprofit news, we rely on donations from the public to fund our reporting -- not special interests. Please donate to sustain East County Magazine's local reporting and/or wildfire alerts at https://www.eastcountymedia.org/donate to help us keep people safe and informed across our region.