Fort Mill School District
2233 Deerfield Drive, Fort Mill, SC 29715
P: (803) 548-2527 | F: (803) 547-4696
Transportation: (803) 802-1998

Bond Refunding Sale Nets $4.4 Million in Savings
Bond Refunding Sale Nets $4.4 Million in Savings
Posted on 02/08/2019

On Wednesday, February 6 the Fort Mill School District held a General Obligation Refunding Bond Sale to obtain lower interest rates on current bonds. This sale is similar to refinancing of a loan. This sale resulted in a net interest savings of $4,480,209 over the life of the issue and will positively impact taxpayers in the future.

The district has continued their commitment to being good stewards of taxpayer funds through these actions, which are designed to lessen the burden on the community whenever possible.