LWSD Refinances Bonds

Taxpayers Save $18.6 Million

Redmond, Wash. - On April 30, 2020, Lake Washington School District (LWSD) sold a total of $118.85 million of tax-exempt refunding bonds, which will refinance $134 million of its existing debt, to take advantage of lower market interest rates. The refinancing will save the District’s taxpayers more than $18.6 million over the next nine years.