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Banta reduces tax bills for River Islands homeowners


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Banta reduces tax bills for River Islands homeowners
Banta Elementary successfully refinanced $4.733 million of outstanding Community Facilities District No. 2011-1 Special Tax Bonds.
The 2011 Bonds were issued to provide funding for school facilities in the River Islands development via a special tax on property within the development. Similar to refinancing a home mortgage after a number of years with shorter duration mortgage at lower interest rates, refunding of the 2011 Bonds will save taxpayers within the CFD interest expense through the final maturity of the original 2011 Bonds. Additionally, through the application of funds on hand and the restructuring of the repayment requirements, total tax payments required in the future were reduced by over $800,000 in total through 2027. ....

Dan Moore , Banta Elementary School District , Community Facilities District No , Banta Elementary , Community Facilities District , River Islands , Board President Gene , Elementary School District , San Joaquin County , டான் மூர் , பாண்டா தொடக்க பள்ளி மாவட்டம் , சமூக வசதிகள் மாவட்டம் இல்லை , பாண்டா தொடக்க , சமூக வசதிகள் மாவட்டம் , நதி தீவுகள் , பலகை ப்ரெஸிடெஂட் கீந் , தொடக்க பள்ளி மாவட்டம் , சான் ஜொஅஃஉஇந் கவுண்டி ,