County achieves bond savings exceeding $200,000 on financing projects

The Dare County Board of Commissioners meeting on July 14, 2025, highlighted the county's financial achievements, particularly in bond sales. Bobby, a key speaker, reported that Dare County successfully sold bonds at rates lower than those of triple-A rated counties, resulting in significant savings. Specifically, the county saved over $200,000 in interest costs on a single project due to its strong double-A plus rating.

Bobby emphasized the importance of this achievement, noting that it reflects the hard work of the finance department and ultimately benefits taxpayers. He acknowledged the efforts of his colleagues, including Matt and Sally, in maintaining the county's financial health. The discussion underscored the county's commitment to fiscal responsibility and effective management, which has led to consistent recognition for their financial practices.

As the meeting progressed, the commissioners moved on to other agenda items, but the positive impact of the county's financial strategies remained a focal point of the discussion. The board's ability to secure favorable bond rates is expected to continue benefiting Dare County's financial landscape in the future.