The Village of Flossmoor is looking to save money by refinancing a 2013 bond issue that could mean a total of $184,591 in savings over the 11 years of the bonds’ lifespan — though the exact amount depends on rates at the time of the sale.
The village board voted unanimously the evening of Feb. 1 to pursue the bond refinancing, which was recommended by Scott Bordui, Floosmoor’s finance director.
“The market is favorable for…
