Due in part to Shoreline Unified School District’s recently improved credit rating, taxpayers in the district will save more than $2 million in interest on Measure I, a $19.5 million bond approved by voters last November.
The district estimates that the cost to taxpayers for each dollar borrowed under the measure will be less than $1.83, an improvement on a previous estimate of $2. Taxes for the bond, which will commence in the 2019-2020 fiscal…