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Will County staff outlines bond scenarios to fund potential consolidation projects
Summary
County finance staff presented hypothetical bonding scenarios that could raise roughly $103 million to $151 million, and explained phased issuances to match project timing and constrain debt service; staff said no decision was made and emphasized these are illustrative.
Will County finance staff presented a debt-service update and three illustrative bond-issuance scenarios intended to show the county's borrowing capacity if it pursues large capital projects such as facility consolidation.
The presentation showed a single 20-year issuance could generate roughly $103 million to $114 million in capital funds under November interest-rate assumptions, while two- and three-part issuance scenarios could raise roughly $142…
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