Carolyn Drude, financial consultant with Ehlers, presents the Kandiyohi County Board of Commissioners a plaque Tuesday in honor of the county's new AA bond rating. The county will save more than $1 million over several years by refinancing. Tribune photo by Carolyn Lange
Refinancing to save county $1M
WILLMAR -- Kandiyohi County will save $1 million over the next several years by refinancing two existing bonds.
The savings were much higher than expected and came on the heels of additional news that the county's bond rating had jumped three rungs on the ladder to an AA rating.
"This is really lots of fun," said Carolyn Drude, a financial consultant with Ehlers.
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