Bond Refinancing Will Save Norfolk School District $100,000
NORFOLK - Another bond refinancing will save the Norfolk Public School District about $100,000. Approval was given at Monday's Board of Education meeting to refinance about $4 million worth of short-term bonds from a 2005 issue. Director of Business Services Bill Robinson explained that local banks are likely to pick up the bond offering. He says the move keeps the district on track to be debt free by 2022. Earlier this year, the school district refinanced the rest of the 2005 bonds.