Friday
December
19
2014
7:44 pm
Weather

  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 
Millbrae refunds library bond, taxpayers to save
June 28, 2013, 05:00 AM

Millbrae recently refunded some of its general obligation library bonds, reducing the city’s debt by $1.66 million and saving the average home owner about $13 a year.

As a result of this refunding, the 2013-14 tax rolls will now reflect a 11.32 percent savings of the refunded bonds’ par amount.

“The refunding of these general obligation library bonds is outstanding news for the residents of Millbrae,” said Mayor Gina Papan. “This action not only saves the average homeowner nearly $13 a year but, by reducing the city’s overall debt, it strengthens and solidifies the city long-term financial outlook.”

 

 

Tags: ,


Other stories from today:

 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
What's your favorite part of this time of year?

Getting together with friends and family
Holiday parties
Getting time away from work
The fact I don't have to make a New Year's resolution yet

 

 
 
 
 
 
 
 
FBI blames North Korea for Sony hack
WASHINGTON — The Obama administration on Friday formally accused the North Korean government of be..
Peavy agrees to $24M deal to stay with Giants
SAN FRANCISCO — Pitcher Jake Peavy has agreed to a $24 million, two-year contract to stay with the..
Pakistan: 77 militants killed after school massacre
ISLAMABAD — Pakistani warplanes and ground forces killed at least 77 militants in a northwestern t..
Israeli military says Gaza rocket hits Israel
JERUSALEM — A rocket fired from the Gaza Strip struck southern Israel on Friday, the Israeli milit..
More >>  
 
 
  
 
  
 
©2014 San Mateo Daily Journal
San Mateo County employment ads