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LPBS to vote on bond refunding

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Taxpayers could experience a more than $560,000 savings if Lincoln Parish School Board members approve two district bond refunding measures that are on Tuesday night’s regular meeting agenda.

Both the Series 2005 Simsboro and Ruston District Bonds are up for refunding based on current interest rates. A memo to board members from Business Manager George Murphy and Superintendent of Schools Danny Bell, says that if a 2.3 percent interest rate can be obtained, taxpayers can see a savings on both bonds.

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