Local News

Blue Ridge Schools Saving Taxpayers Over Half-A-Million Dollars Refinancing Bonds; Issue Annual Levy

It's levy time in central Illinois as area taxing bodies assess where they are at and what their needs are.

 

Blue Ridge Schools levy in 2020 is looking very strong. Superintendent Dr. Hilary Stanifer announced they are refinancing bonds issued from 2012 that are going to save their taxpayers over a half-a-million dollars and doing the same with their 2014 bonds will allow them to make facility improvements. 

 

 

Additionally, the district has issued their levy for 2020 and Dr. Stanifer indicates their tax rate is dropping this year thanks to the bonds being refinanced. All the good news is something she is thankful for given the uncertainty ahead.

 

 

Clinton schools took a similar course of action as Blue Ridge Schools in refinancing bonds. Both were done to take advantage of low-interest rates. 

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