Board votes to move forward with bond refunding plan
The De Soto USD 232 Board of Education voted 6-0 Monday night, board member Randy Johnson was absent, to move forward with a bond refunding plan that would restructure the district's debt payments and save money in interest in the coming years.
According to district Director of Finance Ken Larsen, the approved bond refund will not only save the district money in interest, it will also level out their debt payments and help maintain a steadier mill levy. The board authorized Larsen and the district's bond advisory company to move forward with the bond bidding process. They will return to the board with bids before approving the sale.