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Boyd County approves $250,000 revolving line of credit for county projects
Summary
The Boyd County board approved a $250,000 revolving line of credit to finance small county projects such as playground and parks improvements; officials said the amount stays below the threshold requiring Department of Local Government approval. Vote was unanimous.
Boyd County approved a $250,000 revolving line of credit to support county projects, including playground and parks improvements, at a special meeting on June 26.
The chair said the $250,000 cap is a maximum and does not obligate the county to borrow the full amount. “This allows us to have a project and set up a payment plan instead of saving that money…
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