Bond Refunding Saves Avondale School District Taxpayers $1.8 Million in Interest Costs The Avondale School District Board of Education is proud to announce the successful sale of its 2017 Refunding Bonds in the amount of $15,880,000. The Bonds are being issued for the purpose of currently refunding a portion of the District’s outstanding 2007 Refunding Bonds and to pay the costs of issuing the Bonds. The 2017 Refunding Bonds reduce the Avondale School District interest expense over $1,762,454 … [Read more...]