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Yearly Archives: 2010

Two-thirds Bonds

Blog Post

On July 1, 2009, Carolina County had outstanding general obligation (G.O.) indebtedness of $32.2 million, revenue bond indebtedness of $7.1 million, and installment-purchase debt totaling $1.5 million. The county used its G.O. bond revenues to fund a new recreation facility and a new police department. It issued the revenue bonds to finance a major water system upgrade. And, the county used its installment-purchase financing to purchase several vehicles and other equipment, as well as to fund the renovation and expansion of some of its existing infrastructure.

Two-thirds Bonds

Blog Post

On July 1, 2009, Carolina County had outstanding general obligation (G.O.) indebtedness of $32.2 million, revenue bond indebtedness of $7.1 million, and installment-purchase debt totaling $1.5 million. The county used its G.O. bond revenues to fund a new recreation facility and a new police department. It issued the revenue bonds to finance a major water system upgrade. And, the county used its installment-purchase financing to purchase several vehicles and other equipment, as well as to fund the renovation and expansion of some of its existing infrastructure.

As part of its comprehensive planning process, a town commissioned a housing study to determine whether its current and projected housing stock is adequate to meet the needs of its local residents and workforce. The results weren’t terribly surprising. Most … Read more

What happens when the open meetings requirement clashes with the obligation to keep taxpayer income information confidential? This conflict most commonly involves county boards of equalization and review, but the issue could easily arise at the city level as well with privilege license taxes or occupancy … Read more