Catch up on the latest updates from Denton ISD and Denton City Council with news from Community Impact.
1. Denton ISD officials' bond refinancing saves $6.6M for taxpayers
Denton ISD officials have refinanced a portion of its existing bond debt—a move that will save taxpayers $6.6 million.
District officials refinanced nearly $100 million worth of existing bond funds, said Nick Petito, DISD’s chief communications and marketing officer, during an Oct. 28 school board meeting.
Over the past two decades, district officials have been able to save taxpayers about $332 million through debt management practices. Officials were able to lower interest costs without extending the terms of its debt due to favorable market conditions, according to a district news release.
The savings ultimately

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