Plano ISD will have less debt in five years than on the night the school board called for the election—February 2, 2016. In February, the district entered into a bond refunding transaction that saves taxpayers more than $77.6 million in future payments on a portion of its outstanding debt, lowering future payments from $485.6 million to $408 million, a net decrease of 16%. Read the full story here.

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