Fly-In Acres and DaLee / Cassidy Bond Refinancing May Lower Customers Bills

San Andreas, CA…Earlier this year, Calaveras County Water District identified a savings opportunity for over 150 taxpayers in the Fly-In Acres and Dalee/ Cassidy Assessments Districts by refunding (refinancing) outstanding bonds at lower interest, all while maintain the existing length of debt repayment. The total savings is approximately $794,000. Property owners in these areas can look forward to a lower tax bill starting this year.

The average Fly-In Acres bill reduction will be $231 per year while the Dalee/Cassidy bill will see a reduction as much as $297 per year. Calaveras County Water District continues to look for cost savings wherever possible, helping its rate payers and taxpayers in our county. Should you have any questions regarding how this change might impact your property, you can call Rebecca Callen, Director of Administrative Services at 209-754-3543.