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Ellsworth school board acts to refinance district debt

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ELLSWORTH, Wis.--Refinancing two items of district debt was approved by the Ellsworth School Board Monday.

Two referendum debt issues which are outstanding can be legally refinanced, bond counsel told the board's budget and finance committee last month, according to Superintendent Dan Kaler. Refinancing would result in a lower interest rate, Kaler said.

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"A savings of $60,000 to $65,000 will be passed on to district taxpayers," he said.

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