For the Record Middletown Township refinanced about $2.77 million in bond debts last year, producing an unspecified savings. Among the savings expected from refinancing this year, the swim club's debt service was reduced by about $11,000. No new debt is presently being issued by the township, according to Township Public Information Officer Cindy Herrschaft. Information regarding those facts was incorrect in the Feb. 7 article "Twp. expects to save $400K."