Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County presents CIP funding recap and debt outlook; debt-service metrics remain under policy limits
Summary
Finance staff presented FY18-FY23 CIP funding sources and debt projections Feb. 14, showing applied impact-fee use for school projects, a projected GOB borrowing plan, and debt-service ratios well under the county—s 2% debt limit and 10% debt-service policy limit.
County financial staff presented a summary of capital funding sources and updated debt-capacity projections at the Feb. 14 budget work session.
Staff said they had applied approximately $7.2 million of school-related impact fees across FY18'023 in the CIP plan and showed a funding recap that combines local funds, grants, recordation/transfer taxes and debt. The package showed net county funding applied to projects and noted that staff worked to align available…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
