The Punxsutawney School Board discussed two financial issues during its Tuesday meeting, including a resolution to refinance bonds and a possible increase to tax collector rates.
According to the Punxsy Spirit, the board approved a resolution to hire PNC Capital Markets as managing underwriter and Dinsmore and Shohl as bond counsel to refinancing certain outstanding bond issues and financing new capital needs.
The board also discussed a rate increase for the tax collectors who work in the district but members did not firmly decide on an amount and the issue was tabled until the next meeting.
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