EXCELSIOR SPRINGS – The school district is about to hit what Joe Kinder calls “a home run,” speaking financially. Kinder is managing director with Stifel, Nicolaus and Co. Inc. in the company’s Kansas City office. The district will save money, maximize cash flow and boost bonding capacity by selling the bonds, Kinder said. He estimated bonding capacity would be roughly $1 million. The transaction “is good for the district,” Superintendent Travis Hux said shortly before the vote. “It’ll save us money and interest over time,” Hux said, “as well as increase our buying capacity.” Per a resolution the school board approved at the Support Services Center, the district will sell Stifel $4.485 million in general obligation refunding bonds Dec. 2. The financial law firm Gilmore Bell will draft and submit materials to the State Auditor’s Office to ensure the bonds are statutorily and constitutionally compliant, Gilmore attorney Ben Thompson told city leaders. After meeting state approval,…