Angels Camp, CA – In a strategic move that will result in significant financial savings for taxpayers, the Bret Harte Union High School District has refinanced approximately $5 million of its outstanding general obligation bonds, yielding a projected savings of $1.4 million.

Superintendent Scott Nanik made the announcement and called the news a “delivery of significant savings to taxpayers”.

The bonds were originally issued as part of a measure approved by voters in 2008. The measure raised $18 million to finance the Aquatic Center, the 2-story math and science building, HVAC projects, and playfields. Many of which our community uses regularly.

“Upholding the public’s trust in the management of their tax dollars is of utmost importance to us,” stated Scott Nanik, Superintendent. “It’s imperative that we make the most of every dollar entrusted to us, prioritizing essential expenditures. When cost-saving opportunities arise, we act swiftly and decisively to embrace them”.

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