The Marion County Board of Supervisors will consider refunding their general obligation bonds from 2005 to save money. Michael Maloney from Public Financial Management recommended the board start the hearing process to consider the refunding of the bonds. Maloney told the board Monday that based on current markets, the board would be able to save $20,000/year over the life of the bond. Starting the hearing process does not commit the board to anything, however. That means if the market shifts in a way that makes refunding disadvantageous, the board would not have to go through with it.