The municipal complex wasn’t the only recent bond issue that will be saving the town money. Recently, the Brownsburg Fire Territory Building also went through a refunding process that will save the taxpayers.
“Over the life of that bond, which matures in 2014, their expected savings over that period will be $203,067.84,” Kleinhenz said. “It’s a condition of the market. The issue of that fire bond was 1.719 percent.”
Combined with the municipal complex deal, the annual savings are near $200,000.