Debt Management & Savings

The Missouri State Auditor's office recommends school districts engage in competitive bond sales. Out of the 538 bonds issued during a three year period only six districts used a competitive sale. Orchard Farm is one of the six districts using competitive sale of bonds.  For the past 13 years, Orchard Farm follows the Missouri State Auditor's recommendation.

See the November 2013 Report No. 2013 - 116.

Taxpayer Savings

Since 2005 the Orchard Farm School District refinanced existing bonds resulting in a total savings of $6,212,176.48 with a Net Present Value of $2,535,688.87. See the breakdown of savings.

Bond Refinancing

 
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