💰 County Plans to Refund Bonds; Save Taxpayers Over $360,000
The letter below was sent to the County by the State Comptroller's Office regarding the county's plan to refund (refinance) a series of bonds that have been issued by the County. By law, the letter must be posted on the county's official website and distributed to all county commissioners.
By refunding the said bonds, the county will reduce the interest rates currently on the bonds which in effect will reduce the total debt service payable by the County and save taxpayers $360,793.
Click the image below to read the entire letter.