Taxpayers in the Dollar Bay-Tamarack City School District will save a little money on the upcoming projects they authorized in the millage election in August.
Monday night, the Board of Education approved a bond purchase bid from BOK Financial Securities. The interest rate is 2.46 percent. That’s lower than expected, which means taxpayers will pay a lower-than-expected millage rate.
Superintendent Christina Norland said the board also saluted the Blue Bolts boys cross country team, which won the Copper Mountain Conference title, and finished second at Saturday’s Upper Peninsula finals.
Members of the Houghton-Portage Township Board of Education spent much of Monday’s meeting touring the Middle School. Because of that, few action items were included on the agenda. Superintendent Doreen Kramer said the only item approved by the board were the contracts for this year’s winter sports coaches, with no significant changes from last year’s roster.