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Sevier County committee approves prepayment of select older debts to cut interest costs
Sevier County Board of Commissioners · March 1, 2026
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Summary
The Budget Committee voted unanimously to use funds in the General Debt Service Fund to prepay certain older debts, including the county portion of the 2018B Bonds and a 2022 loan, aiming to simplify the county's debt structure and avoid future interest expenses.
Sevier County’s Budget Committee voted Dec. 8 to prepay certain older debt obligations using funds already in the General Debt Service Fund.
Mayor Larry Waters presented the resolution and…
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