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School Bond Refinancing on Agenda for Excelsior Springs Board of Education This Evening

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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About jwmartinez

JoLynne is a journalist and educator. She holds a bachelor's degree in journalism from the University of Kansas and a Master of Arts in Teaching from Park University and is certified to teach high school journalism and English. Former employment includes work for Cable News Network and the University of Missouri-Kansas City in addition to freelancing for clients such as the Kansas City Star and The Pitch.


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