
Geary County Commissioners are considering the possibility of refinancing the bonds issued some time ago to finance the most recent addition to the Geary County Detention Center.
That addition was completed in 2009.
Commissioner Florence Whitebread said interest rates are low right now, and if the County can get a lower rate they could make considerable savings of possibly around $400,000.
Requests for proposals will be submitted to local banks, and the responses will be brought back to the Commission May 11. The topic will also have to go before the Public Building Commission on May 26th.
The Commission met with a representative of Ranson Financial on this topic on Monday.