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Sampson County locks in $2.01 million in savings after bond refunding; S&P upgrades credit rating

Sampson County Board of Commissioners · January 6, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Sampson County refunded its 2015 limited‑obligation bonds on Nov. 20, yielding $2,007,056 in cash‑flow savings over 10 years (about $195,000 annually) and prompting a Standard & Poor's upgrade to AA‑, county financial consultant Andrew Carter told the board.

Sampson County officials on Jan. 5 announced a successful refunding of the county's 2015 limited‑obligation bonds that will produce $2,007,056 in cash‑flow savings over the next 10 years, Andrew Carter of DEC Associates said.

"Money in your pocket," Carter told the Board of Commissioners, summarizing the…

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