North Penn taxpayers should be rejoicing today. Their school district refinanced bonds from 2003. By taking advantage of lower interest rates and competition from lenders, the district will save $1,067,000.00! WOW! This savings will be realized in the 2011 & 2012 fiscal years.
Kudos to North Penn officials for planning ahead and being thrifty with taxpayer money during a recession!
Roy's Rants - For Your Information 
Thanks for posting this, Roy. In general, I hope that all municipalities’ finance officers are always keeping an eye on re-financing possibilities, especially in this climate of very low rates. It’s a tried-and-true way to save taxpayers’ dollars.
Sue
Positively!Pottstown
PSD was doing this, too!
As Sue said – it is a wise time to be considering this option to save the money of the good folks paying the bills! It’s simple, smart money managing!!
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