Brentwood school district bond refinancing to save taxpayers more than $1 million
By Hema Sivanandam
Published on April 10, 2026.
The Brentwood Union School District has refinanced $20 million in general obligation bonds issued under Measure B, which was approved in 2016 for repairs and upgrades to school facilities. The first series of bonds were sold in December 2016 at interest rates between 4% and 5%. The district has now refinanced the bonds at new interest rates ranging from 2.5% to 4.12%. This move will save taxpayers about $1.52 million without extending the original term of the borrowing. The district is "grateful" for the community's support and remains committed to saving taxpayers money.