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Candidates split on using reserves, debt and asset sales to pay for Williamson County projects
Summary
At the forum, Mary Smith urged a careful mix of revenue, cost savings and use of funds to reduce debt servicing costs; Andy Marshall said much of Williamson County's debt is ‘good debt,’ stressed protecting the AAA bond rating and opposed tax increases.
Mary Smith, the District 5 county commissioner and mayoral candidate, told the April 8 forum she would prioritize paying down principal and scrutinizing debt service to free operational funds for county employees and services.
"I'd like to see us actually start to pay down the principal year over year," Smith said, adding that debt service last year totaled about $109 million and that servicing those obligations reduces flexibility in operating budgets.
Andy…
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