Goleta Schools Save Money

The Goleta Union School District saved taxpayers about $1.25 million by refinancing the 2005 general obligation bonds approved by voters in 1996. Meanwhile, the Hope School District board voted to censure one of its boardmembers for appealing a court ruling validating its decision to sell additional bonds. Trustee Patricia Hiles appealed the court decision and maintains that her fellow boardmembers would be violating ballot language on 2010’s Measure L promising not to raise tax rates.

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