District secures low rates, will save taxpayers $3.6 million
July 29, 2020
There was some good news recently for the Three Forks School District.
The 2020 Bond Issue Summary showed the district was able to take advantage of record low-interest rates, $3,666,994.50 lower than originally projected to voters with bond election information.
Three Forks voters approved in May a $10 million bond for the Elementary District and a $15 million bond for the High School District.
According to the recently released 2020 Bond Issue Summary, the bonds were estimated to have combined levies of 143.60, and with the final numbers, the mills are 9.1% lower at 130.53 based on the Di...