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Paulding County CFO presents levy for school bond debt service to commissioners
Summary
Anna Durham, chief financial officer for the Paulding County School System, asked the Board of Commissioners to adopt a resolution authorizing an ad valorem levy as a backstop for debt service on the Paulding County School District General Obligation Sales Tax Bond Series 2025; no vote is recorded in the transcript.
Anna Durham, chief financial officer for the Paulding County School System, presented a resolution to the Paulding County Board of Commissioners asking the board to adopt an ad valorem tax levy as a contingency to fund debt service on the Paulding County School District General Obligation Sales Tax Bond Series 2025.
“This levy is required by Georgia law to provide for funding if [sales-tax receipts] are not sufficient…
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