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County finance advisers recommend rolling notes to bonds for flexibility; commissioners discuss timing
Summary
Financial advisers told the board rolling short‑term notes into longer bonds could preserve flexibility for capital projects and cash flow; staff recommended waiting to lock fixed rates until market clarity and advised preparing investor documents and a rating process.
Financial advisers from MAS Financial Services urged the commissioners to consider converting a portion of short‑term county notes into longer‑term bonds to provide the county greater flexibility in cash flow and project scheduling.
The adviser explained that rolling short‑term notes into longer bonds can help the county…
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