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Graham County manager: sales tax roughly flat, BEAD award yields mostly aerial connections; bond market shift could allow refinancing
Summary
County Manager Dustin Welker reported Sept. 15 that Graham County's local sales-tax revenue is essentially flat year-to-date, the county won a BEAD allocation that emphasizes aerial broadband connections and bond-market movement could allow the county to refinance certain bonds to secure savings.
County Manager Dustin Welker told the Graham County Board of Supervisors on Sept. 15 that local sales-tax revenue is "nearly flat with last year" and highlighted several county infrastructure and fairground projects, a federal broadband allocation and a possible bond-refinancing opportunity.
Welker told the board that after three months of the fiscal year local sales-tax receipts are just under 1% ahead of last year and that the most recent month was 40.6% higher than the comparable month in the prior year. He said state-shared sales tax receipts are running about 12.4% ahead of last year.
Welker described several capital projects out to bid, including the Main Street building remodel (to relocate the county attorney's office) with bids to be opened at the board's first meeting in October, and…
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