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Dutchess Saved $730,000 By Refinancing County Bonds, Molinaro Says Dutchess Saved $730,000 By Refinancing County Bonds, Molinaro Says
Dutchess Saved $730,000 By Refinancing County Bonds, Molinaro Says Dutchess County Executive Marc Molinaro announced that the Dutchess government realized a total of $730,000 in savings for taxpayers. The savings come as a result of the recent refinancing of County bonds. “Strong fiscal management and conservative budgeting practices have once again delivered savings for taxpayers,” said County Executive Molinaro during the announcement. “Thanks to our impressive AA+ bond rating making our county bonds highly sought after and good timing in the market, we were able to secure an even lower interest rate than anticipated, saving almost $300,000 more than ant…

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by Valerie Musson