The West Central School Corporation’s wind turbine bond refinancing could lead to a bigger savings than previously thought. As of this month’s regular school board meeting, the expected savings was approaching $70,000, according to Superintendent Dan Zylstra.
“We’re also pushing some of that debt a little bit further down the line,” he adds. “So we’re going to hold our tax rate steady, but we’re actually going to be able to take out more money than that.”
Exactly how much hadn’t been determined, since bonds hadn’t been sold yet. That money will then be available for capital projects. Zylstra says the school board passed a series of resolutions to move ahead with the refinancing process.
