By Richard Bammer

An alert for many Vacaville property owners: You are going to see somewhat reduced property tax bills in the future.

Vacaville Unified this month refinanced $22.2 million in general obligation bonds, which will save school district property owners $3.1 million in lower tax payments, district leaders said in a press release issued Thursday.

District voters in November 2014 approved Measure A, the $194 million general obligation bond to pay for technology upgrades, renovations to existing buildings, and new construction for district schools.

Source: VUSD refinances bonds, reducing tax bills for local property owners – The Vacaville Reporter