Minden Press-Herald

Sep 18th

Taxpayers catch break

School board saves money on refinancing

Monday night’s Webster Parish School Board meeting included substantial savings for taxpayers, good news for parish schools and more controversy over school colors.

Grant Schluter, parish bonding attorney for Foley & Judell, presented the board good news about their recently-adopted resolution to refinance a $12,500,000 bond issue in efforts to save money for Webster Parish taxpayers.

“We have great news on the refinancing,” Schluter said. “The savings to taxpayers is substantially greater than what was projected when you gave the preliminary approval for the refinancing.

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