Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County outlines bond capacity and Ashley Elementary funding gap as schools finalize estimates
Summary
Debt staff told commissioners Forsyth County will retire roughly $54.2 million in general‑obligation bonds this fiscal year and has two‑thirds bond capacity; identified funding leaves an estimated $3.4 million gap on the Ashley Elementary project pending the school system's construction estimate due in early March.
County debt staff presented the board with an overview of outstanding obligations and near‑term issuance capacity, emphasizing the role of school capital in the county debt profile.
Staff said total general‑obligation principal outstanding is projected at about $613.1 million at fiscal‑year end, and that roughly three‑quarters of county debt supports school projects. The county will retire about $54.2 million in general‑obligation bonds this…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
