Fayette Local School District Refinances Series 2005 School Improvement Refunding Bonds And Series 2006 School Facilities Construction And Improvement Bonds

The Fayette School District Board of Education, with the help of Ross, Sinclaire & Associates, LLC, has recently refinanced a portion of its Series 2005 School Improvement Refunding Bonds and Series 2006 School Facilities Construction and Improvement Bonds to take full advantage of the current conditions in the bond market. The $4,399,994 refinancing will save taxpayers of the District approximately $290,000 in gross debt service savings over the life of the issue.

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The Board of Education and Treasurer Bentley are constantly striving to reduce the taxes of the District’s constituents, and with favorable bond market conditions, this refinancing provided a great opportunity to save money for the community.

Ross, Sinclaire & Associates, LLC is an Ohio-headquartered investment banking firm and full service brokerage.

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