Oakwood Schools Board of Education is saving Oakwood homeowners more than $200,000. 

Oakwood Schools was able to take advantage this month of favorable interest rates and refinance more than $4 million in bonds originally issued in 2003.  The bonds, initially issued at interest rates of 2 – 2.75 percent, were refinanced at a rate of .66 percent, resulting in slightly lower tax rates to homeowners during the next four years.

Oakwood Schools Treasurer Gina Samson will continue to be a good steward of taxpayers' dollars, taking advantage of opportunities to save the community and the District money.