Refinanced Bonds To Save Taxpayer Dollars

By Misty Volaski

Ojai property owners will get bit of a break on their property taxes in coming years, announced John Isom of Isom Advisors at last Tuesday's Ojai Unified School District board meeting. The OUSD has refunded several outstanding general obligations bonds, a move administrators said would save the district's property owners more than half a million dollars in taxes. The refunding bonds, totaling $5.445 million, were originally authorized by 71 percent of voters in the November 1997 election and were used to repair and upgrade

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