Deaf Smith County Hospital District could save almost $3M

Deaf Smith County Hospital District could save almost $3M

DEAF SMITH, TX (KFDA) - The Deaf Smith County Hospital District could refinance $23 million in debt to save almost $3 million in interest.

The district's board of directors announced the plan today.

Members voted unanimously to approve issuing new bonds if it can get terms that save at least $2.8 million over the life of the debt.

The proceeds would pay off the original debt that has a higher interest rate.

The original bonds funded the construction of the Hereford Regional Medical Center and the purchase of medical equipment.

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