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Local News - Local - December 06, 2012
Spokane school district garners record interest rate in bond sale
Favorable financing will enable district to hold tax level steady

By Treva Lind
Of the Journal of Business

Spokane Public Schools recently has sold $50 million worth of bonds at an historic low interest rate of 2.9 percent as part of the 2009 voter-approved $288 million bond authorization to fund school construction projects, school district representatives say.

The low interest rate is good news for Spokane taxpayers, says Mark Anderson, associate superintendent for school support services, because the district is able to fund more projects, while keeping the tax rate flat. It had told...


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