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D-156: Let us keep $2.2M?

McHENRY – School District 156 is expected to ask voters in April whether it can keep an anticipated $2.2 million in savings from refinancing bonds.

The school board is to vote Tuesday on whether to put the question on the April 9 ballot.

Last month, the board voted to refinance the district’s bonds, totaling $29 million, citing low interest rates. Refinancing is projected to save $2.2 million in interest, according to PMA Securities, the district’s refinancing consultant.

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