Sullivan Schools Early Debt Retirement Plan Approved
•January 10, 2018• By Mike Brothers A bond issue refinancing $492,300 of Sullivan Unit 300 debt should save district taxpayers $137,000 Supt. Ted Walk told school board members at the January 8 meeting. Tim King of Kings Financial Consulting of Monticello explained the issue of $492,300 Taxable General Obligation Refunding School Bonds would pay down the district debt one year early for the $137,000 savings. King noted since the district is purchasing the bonds from the education fund they will also earn interest on the payback. … Read More
