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Measure MM Bonds Will Cost Less

Superintendent Ryan Smith reports that Monrovians will pay less interest than expected on the school district’s Measure MM bonds, 3.64% compared to the planned rate of 4.25%.  He said the district’s strong financial position has attracted significant interest from major investment groups. Additionally, the district received a $541,000 grant from the California Schools Healthy Air, Plumbing, and Efficiency Program for upgrading school systems and fixtures to meet water efficiency standards. Measure MM-funded projects will begin this summer. A list of projects here

- Brad Haugaard 

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