Jefferson R-7 Refinancing Existing Bonds to save money for future improvements

(Festus) During its September meeting the Jefferson R-7 School Board of Education passed the yearly tax rate.

The tax rate, which remains unchanged since 2014, was set at $4.5967.

Superintendent Clint Johnston says in addition the board was able to set in place some strategies to refinance some existing bonds.

A lot of those savings will be geared towards improving school safety around the R-7 campus.

There is chatter of a possible traffic light being installed at the intersection of Highway 61 and Dooling Hallow Road; however, that will be up to the school district and MoDOT pending on what the results of a traffic study show what is recommended for that stretch of roadway.