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Board approves resolution to pursue possible refinancing of New River Regional Water Authority debt
Carroll County Board of Supervisors · May 5, 2026
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Summary
Carroll County approved a resolution allowing it to participate with partner municipalities in exploring refinancing of the New River Regional Water Authority’s debt; staff cited an original bond of about $10.94 million with remaining principal near $7.1 million and said refinancing would be pursued only if market rates (roughly a 3% improvement) make it advantageous.
County staff and counsel briefed the board on a proposed resolution that would allow Carroll County to join two other participating municipalities in pursuing refinancing of the New…
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