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Board approves amended service plan clarifying mill levy and debt calculations for Piney Lake Trails districts
Summary
Commissioners approved an amended and restated service plan for Piney Lake Trails Metropolitan Districts 1 and 2 that clarifies mill levy calculations and preserves the previously approved $22 million debt limit; county financial consultants reviewed the plan and found it feasible.
The Board of County Commissioners approved an amended and restated service plan Tuesday for Piney Lake Trails Metropolitan Districts 1 and 2 that clarifies how the districts’ debt limit and mill levies will be calculated and imposed.
Planning staff said the districts were created under the county’s service plan process and that the amendment would not change the districts’ total debt limit, which the applicant revised to match the original 2022…
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