Haxtun Schools expects to save $20k after refinancing

New hires, refinancing a loan and changes to salary schedules all topped action items on the Haxtun Board of Education agenda in a recent January meeting. Board members approved refinancing a loan taken out for upgrades to the HVAC system. Refinancing is expected to save the district over $20,000.

According to information provided at the meeting from Superintendent Marsha Cody, the original balance of the loan with All American Finance was $1,515,463 with an interest rate of 4.02 percent. Cody said loan officers for All American Finance indicated that organization was not interested in refinan...