• San Gabriel USD to Deliver Almost $1,500,000 In Savings to Local Taxpayers


    SAN GABRIEL – The San Gabriel Unified School District is continuing to deliver positive changes for its students and community members. The District’s latest endeavor will deliver savings to local taxpayers of almost $1,500,000 from the refinancing bonds from its 2002 Measure “A” Authorization.

    Under the leadership of the District Governing Board and Administration, the District chose to take advantage of historically low interest rates to refinance Bonds from its Measure “A” Authorization without extending the life of the Bonds. The District was able to reduce the average interest rates on its prior Bonds from 4.96% to 2.82%, reducing the community’s tax bill by approximately $90,000 – $210,000 per year for 13 years for a total of $1,479,526.

    While the District will not receive any part of the savings, the District Administration pursued this opportunity strictly on behalf of local taxpayers in acknowledgement of their continued support for the education of the children of the community of San Gabriel.

    1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 4.00 out of 5)


    Loading ... Loading …

    Comments are closed

     
  • Make Music is quickly approaching once again and we are treated to another line up of great up and coming musical acts. The festivities take place this Saturday in Pasadena, June 7, from 11 a.m. to 11 p.m. and is geared for people of all ages. Those in...
    Happy New Year! Rose Parade Float Trophy Winners...
    Top Christian recording artist, Phil Wickham, will be performing live in Pasadena on Friday, August 22. Maranatha High School is delighted to welcome this talented artist to the stage of the famous Ambassador Auditorium. His song, “This is Amazing Grac...
    Fifteen years ago, a handful of curious citizens assembled in front of The Tribune and watched as then-Los Angeles County Sheriff Lee and still-San Marino resident Lee Baca started the city’s inaugural 5K walk and run....
    The Pasadena Guild of Children’s Hospital Los Angeles has pledged a $3 million endowment to fund the Pasadena Guild Chair in Developmental Biology and Regenerative Medicine at Children’s Hospital Los Angeles....
     
     
     
    Directory powered by Business Directory Plugin