Altamont School Board's Finance Committee Meets

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Published on November 5 2020 10:16 am
Last Updated on November 5 2020 10:17 am
Written by Matt Robinson

Members of the Altamont school board’s Finance Committee discussed long-term re-financing of the District’s bonded indebtedness at a recent meeting.  
 
Committee members met with David Pistorius of First MidState. There was discussion of bond rates and the potential impact on tax rates. Under the proposal, the tax rate would remain the same. 
 
The committee members plan to consider the MidState information and information from Stifel, another financial firm, to see which proposal could afford the most cost savings for the District.