Logo courtesy of Twin Rivers Unified School District

SACRAMENTO, CA (MPG) – Twin Rivers Unified School District recently refinanced two 2016 bonds, a move that will save local property owners more than $13.6 million. The refinancings are scheduled to close May 5, 2026.

Refinancing allowed the district to lower the average interest rate on the two bonds from 4.14 percent to 2.90 percent without changing the repayment schedules.

“The savings from the refinancing are great for taxpayers because they result in lower property tax bills,” said the district’s financial advisor, Keygent.

As part of the financing process, the district received an ‘A+’ rating from Standard & Poor’s. The rating agency cited the district’s history of stable financial performance, realistic management policies and procedures, available reserve balances and positive population and tax base trends as rationale for the rating.

“We are very pleased with the outcome of the refinancings,” said Ryan DiGiulio, chief business official of the district. “When we became aware of a refinancing opportunity which would help our community and taxpayers, our Superintendent and Board did not hesitate to pursue it.”