Education Briefs

Pioneer refinances municipal bonds

The Pioneer School District on April 3 completed a public sale of $14,965,000 of unlimited tax general obligation refunding bonds, the district announced in a news release.

The purpose of the sale was to refinance the callable portion of the district’s outstanding 2015 bonds. According to the district, the refinancing will save the district’s taxpayers $1,766,756 over the next 15 years.

The Pioneer School Board approved the issuance of the refunding bond at its Jan. 28 meeting. The district monitored bond market conditions and recent low interest rates allowe...