Public Building Commission reports $255.7 million net position, explains bond lease-back model
Becky Jones presented the semiannual Public Building Commission financial report showing a net position of $255.7 million, explained that 62% of financed buildings are public-safety projects covered by a sales tax, and described why the PBC issues bonds and leases buildings back to the county.
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Becky Jones, financial management and administration staff, told the Board of County Commissioners sitting as the Public Building Commission that the PBC's statement of net position shows a net position of $255,700,000 for the period ending June 30, 2025.
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