Denton ISD announced at the end of October it refinanced a portion of its existing bond debt, which will save taxpayers $6.6 million.
According to the district, the strategic financial move reflects the district’s ongoing commitment to responsible fiscal stewardship and proactive management of voter-approved bond funds.
The district said it took advantage of a favorable market and was able to lower interest costs without extending terms of the debt.
With the savings, the district can maintain a lower tax rate while continuing to support projects that enhance student learning environments, safety and infrastructure as it grows.
“Fiscal responsibility is one of our core commitments to the community,” said Denton ISD Superintendent Dr. Susannah O’Bara. “These savings directly reflect the

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