Taxpayers anticipated to save $9M with COD board refunding of bonds
Taxpayers anticipated to save $9M with COD board refunding of bonds Updated 3/4/2021 4:41 PM The College of DuPage Board of Trustees at its Feb. 18 meeting unanimously approved the issuance of approximately $33.7 million in General Obligation Refunding Bonds, which will yield property tax savings for Community College District 502 taxpayers of approximately $9 million. "We are very pleased to take this opportunity to exercise fiscal responsibility and save our taxpayers money," said Board Chairman Christine Fenne. The bonds, issued in 2011 to finance capital projects including...
Source: dailyherald.com