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Public Building Commission says hospital bond is ahead of schedule, commission will need to approve next bond call
Summary
At the Arkansas City meeting, a Public Building Commission representative reported stronger sales-tax receipts and said hospital bonds have been called twice; payoff is estimated around 2035 and the commission will need to approve any future bond call.
An unidentified speaker updated the Arkansas City Commission on the Public Building Commission’s (PBC) finances, saying there are "no issues at all" and that sales taxes have been coming in stronger than expected.
"The sales taxes have been coming in stronger and, as you know, we've been able to call twice now," the speaker said, adding that the…
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