Art Credit: KC Education Enterprise | Photo Credit: 123rf stock image
The Excelsior Springs School District’s Board of Education will meet Monday, May 14, at 7 p.m.
In addition to routine agenda items — such as paying the bills and approving a couple of job descriptions — board members will consider refinancing some existing school bond debt.
Bonds are a form of debt similar to mortgages for home owners. Many school boards currently are looking to take advantage of more favorable interest rates to save money for their districts. By refinancing about $5.5 million in bonds now, Excelsior Springs administrators think they will be able to save more than half a million dollars over the next decade.
The Board of Education meeting, which is open to the public, will take place in Room 8 of the district’s Early Childhood Center; 113 Line Street; Excelsior Springs, MO 64024.
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