Successor Agency Bond Refinancing
Summary
The city is refinancing 2015 tax allocation bonds to lower debt payments. This is expected to generate about $1.4 million in savings, which gets shared among local tax entities and the city's general fund without costing taxpayers a dime.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 1, 2026.
Impact analysis
Generates about $1.35 million in net present value savings distributed among taxing entities.
Local taxing agencies, the Milpitas Unified School District, and the city's general fund receive a share of the savings.
None identified.
Mentions & discussions (1)
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