The Daily Gazette
The Locally Owned Voice Of The Capital Region

Debt refinancing expected to save Halfmoon $600,000

Text Size: A | A

The town of Halfmoon expects to save roughly $600,000 in future years by refinancing $7 million in outstanding debt to take advantage of low interest rates. The Town Board on Wednesday approved a plan that consolidates four outstanding bond issues and refinances the debt at what is expected to be a much lower interest rate. Because the bonds will be tax-free, the town should be able to get a new interest rate in the range ...

You Must or Subscribe to Continue
subscribe to the Daily Gazette
Individual stories can be found and purchased from our Archives for $2.00

Enjoy this story? Share it!



There are currently no posts. Be the first to comment on this story.