YCCD saves taxpayers $1.26 million dollars

Chrystal GillmingCollege News, Press Releases

(September 25, 2025) Yuba City, Calif. – The Yuba Community College District (YCCD) is committed to serving the members of its community above all else. This includes providing a high-quality education while protecting the finances of taxpayers.

That commitment was recently highlighted in an article featured by the Appeal-Democrat, which reported on YCCD’s refinancing of a portion of its 2015 general obligation bonds. The refinancing will save local taxpayers more than $1.26 million and pushes total taxpayer savings from past refinancings to more than $100 million.

“This refinancing reflects the district’s ongoing commitment to fiscal responsibility,” said Kuldeep Kaur, vice chancellor of administrative services. “We will continue to look for opportunities to save money for our community while supporting YCCD’s mission.”

The district refinanced more than $17 million of Measure J bonds, originally approved by voters in 2006, at lower interest rates similar to refinancing a home mortgage. The move lowers borrowing costs while protecting resources for the community.

YCCD continues to maintain a longstanding devotion to excellent financial governance, ensuring that taxpayers are protected and that their needs are served. This decision benefits the community directly while also safeguarding the district’s schools and students.

About Yuba Community College District

Yuba Community College District (YCCD) is committed to providing accessible, high-quality, and affordable higher education to our diverse communities. With a focus on student success, teaching excellence, and social justice, YCCD encompasses two accredited colleges: Yuba College and Woodland College.

YCCD’s mission is to inspire and advocate for student success through its passion and commitment to teaching and learning and social justice. To achieve this mission, the District is guided by the following core values: remain equity-minded, offer holistic support, make data-informed decisions, provide workforce and economic development, stay accountable, remain community oriented, communicate clearly and honestly, promote social justice, and commit to intellectual diversity.