Jackson schools to save through refinancing bonds

The Jackson School District expects to save more than $200,000 under a refinancing plan.

At its meeting last week, the Jackson School Board approved a resolution authorizing the sale of approximately $4.785 million in bonds.

The bonds were originally issued in 2001 at $6 million for Jackson Junior High School construction. The bonds will be refinanced at 3.25 percent interest, saving the district about $211,000 over the life of the loan.

Pertinent address:

614 E. Adams St., Jackson, MO