Tamaqua Area School District could eventually save $376,000 through the refinancing of bonds.

On Tuesday, the school board met with Christopher Hoffert, director at Stifel Public Finance, who discussed the district's 2011 note and 2012 A bond issue.Hoffert said the plan would be to issue one new bond issue for the 2011 note, and the 2012 A bond.The 2011 note was for an extensive energy savings project, while the 2012 A bond issue was for the refinancing of debt service that was outstanding for the middle school, said district business manager Connie Ligenza.A parameters resolution will be brought to the board to vote on at its Oct. 17 meeting.If the board were to take that action, Ligenza said the district would realize the savings in either fiscal year 2018, or 2018 into 2019.In an unrelated matter, Ligenza told the board that the district is faced with high dollar claims concerning health insurance for four people in the amount of $900,000.Of that, Ligenza said the district would be responsible for about $600,000.