That article is insane. Great to know our taxes will prob go up too, we have a two yr old and plan to stay in the area until he finishes school… Perhaps 167K will turn out to be a bargain in 15 yrs. Ick : (
To get the payoff numbers we called PUSD and they referred us to the Dolinka Group and it was $100 but since we had 2 bonds it was $200. When I questioned the contact about specifics of the bonds such as payoff dates etc he wouldn’t tell me anything in email form and said if I had questions to call him, probably in order to not have any paper trail of anything he said. The entire thing seems very shady and I still can’t believe the numbers are correct.
Our MR each yr is about 5500 so I don’t know what year these bonds end if we were quoted 167K for payoff. If going off the 167 number that means these bonds don’t end for 30 more years?? Plus I thought there was an incentive to paying off early and this doesn’t appear to be so or perhaps they just don’t want people to pay it off? The whole thing is extremely frustrating and just seems like a huge rip off.
