School bonds sale goes slightly better than expected
Wed, 11/20/2019 - 1:46pm
Jeff Solomon from Baker Tilly brought the Lake City School Board happy tidings from the world of finance.
The district is getting a slightly better than expected interest rate on almost $13 million in debt left from the school district’s 2010 renovation project.
In October, Baker Tilly projected a 1.865 percent interest rate. The winning bid, from Robert W. Baird and Co., came in at 1.808 percent.
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