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Susquehanna Twp. School District Could Save in Bond Refinancing

Nov 17, 2014 10:31AM ● Published by Kevin

Susquehanna Township School District could save up to $134,303 over the next 15 years through a bond refinancing by Dauphin County Technical School, according to a Nov. 10 report by M. Diane McCormick on PennLive last Monday.

"DCTS is considering refinancing $19.95 million in bonds dating to 2007. Lowering interest rates by about 2 percentage points from a current average of 4.12 percent would reduce bond costs by about $1 million, Jamie Doyle, of Harrisburg-based financial adviser PFM, told the Susquehanna Twp. School Board at a workshop session Monday night," the article said.

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