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King George supervisors outline long-term debt plan, point to landfill revenue and targeted development
Summary
King George County supervisors told residents at a June 10 town-hall meeting that the county needs a multi-year capital-improvement plan and a targeted economic development strategy to manage future debt and tax pressure.
King George County supervisors told residents at a June 10 town-hall meeting that the county needs a multi-year capital-improvement plan and a targeted economic development strategy to manage future debt and tax pressure.
The board discussed a range of revenue and debt topics tied to county priorities. Chairman Bill Davis and other supervisors said the landfill currently contributes "a little over $7,000,000 a year" to county coffers but noted the contract has been amended many times and estimated the landfill may be usable for roughly 18 more years. Supervisors said they are renegotiating contract terms to recover funds that past contracts left on the table.
Several supervisors also described a backlog of capital needs and urged creating a 1-, 5-, 10- and 15-year plan that ranks projects and ties them to revenue strategies. "We need to have a plan," Supervisor Kathy Bender said, describing examples other counties have used to place allowed development in defined zones and then refer projects to voters.
Board members described changing how county cash is managed since the current board took office. Supervisors said the county previously kept "about $40,000,000 sitting in a checking account," and that a portion of available funds was recently…
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