County to look at possible savings with bond refinancing

Bourbon County Commissioners on Tuesday voted to begin the process for refinancing the county’s 2015 general obligation bonds with a goal of saving money.

Greg Vahrenberg, managing director of Raymond James Public Finance, met with commissioners via telephone to discuss the possibility of refinancing the bonds. Vahrenberg said this is the “starting point for a discussion,” as his firm has conducted an overview of the bond market and recent low interest rates could potentially benefit the county due to the savings.

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