Ratepayers will benefit from record-low interest rate for water system financing
Photo courtesy of Unsplash July 22, 2020 by Carol Britton Meyer A record-low interest rate of 2.14 percent for the $111 million water system acquisition bonds promises greater-than-expected savings for ratepayers to the tune of $16 million. This is due in large part to the town’s recently reaffirmed AAA bond rating by the three top …