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Redmond schools see refinancing as a way to cut costs

Lengthening payment plan on $5M loan would free up dollars

The Redmond School District is trying to save several hundred thousand dollars on real estate costs as it faces down a 2011-12 budget shortfall that could top $5 million.

As it considers possible cuts, the district is attempting to find savings in areas that won’t affect classrooms.

One of the....

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