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District refinances CMS bond for huge savings

The Sedro-Woolley School Board voted in February to refinance the 2011 CMS Bond. The school district was able to secure a savings of $701,251 (through the life of the bond: Dec. 1, 2030) for local taxpayers. 

This represents a 21.78% savings over the lifetime of the bond, far exceeding the School Board’s savings target.