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County finance adviser calls Macon in ‘excellent’ financial position; commissioners consider fund‑balance and debt policies and a quarter‑cent sales‑tax ballot
Summary
A county financial advisor told commissioners Macon County holds an AA2 rating and is in strong fiscal shape; staff proposed formal fund‑balance and debt policies and the county manager said a quarter‑cent sales tax (estimated $2.3M) will be placed on the Nov. 2024 ballot for voter consideration.
Macon County officials on Feb. 8 were told by a financial advisor that the county is in an enviable fiscal position and discussed several policy tools to formalize reserves and debt strategy.
Mitch Brigulio of Davenport and Associates reviewed the county’s financial indicators — including an AA2 credit rating — and recommended the board adopt formal policies on fund balance usage, a debt‑payoff schedule, debt‑to‑assessed‑value limits and…
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