Carbon County officials anticipate saving an additional $100,000 on a bond series they are refinancing.

On Thursday, Commissioner Chris Lukasevich said that the county just received notice that the refinancing of the bond series that totaled $10 million will now save the county $742,000 over the life of the bond.

In April, when the commissioners approved the actions for the refinancing to begin, it was anticipated that the county would save approximately $640,000.

The refinanced bonds go to 2041, which was when the original 2016 bond series would have gone to.

“We’re not extending how long we’ll be paying that particular service,” Lukasevich said. “Our grandchildren will not have to pay this.”

He also thanked treasurer Ron Sheehan and controller Mark Sverchek for several moves over the past several months to maximize the funds and resources the county in the face of revenue cash flow challenges:

For example, all retirees have been converted to direct deposits instead of paper checks.

The county is no longer the Blue Mountain Health System guarantor for the bonds the former health system took out to fund Gnaden Huetten’s pension fund.

On Thursday, the county joined the Pennsylvania Local Government Investment Trust, a money market investment fund for counties, schools and municipalities.