School board looks to save some money

While the Unionville-Chadds Ford School Board members are mulling over a new budget with increased taxes, the board is still looking to save money.

During a relatively brief meeting on Jan. 20, members voted unanimously on two measures they think will reduce some expenses.

The board voted to join with the Chester County Intermediate Unit for joint bidding on the purchase of heating fuel, unleaded gasoline and propane. No dollar figure was given on what might be saved, but Director Keith Knauss said the joint bid was for “better pricing.”

The board also voted to refinance some of its debt. The district will work with several financial institutions to issue new bonds in 2015 to refund bonds issued in 2010.

Business Manager Bob Cochran said the district would save $800,000 over the life of the refinancing.

About Rich Schwartzman

Rich Schwartzman has been reporting on events in the greater Chadds Ford area since September 2001 when he became the founding editor of The Chadds Ford Post. In April 2009 he became managing editor of ChaddsFordLive. He is also an award-winning photographer.

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