Bond refinancing was approved by the Washington Community School Board at last night’s meeting. The six-member board unanimously approved the resolution directing the sale of $8.8 million in school infrastructure sales, services and use tax revenue refunding bonds. These bonds are in regards to the new high school project.

Wednesday night, Tim Oswald told the board they’ll save the district $887,000 between now and 2029 by refinancing.

In a special meeting Friday morning, the board will consider refinancing bonds tied to the new auditorium project.