Dallas County spells out levy and sinking-fund schedule for $7.51M bond issue
The Board approved debt-service mechanics for Series 2026 bonds: payments charged to the county's 45% Designated Portion of the Local Option Tax with a continuing annual property-tax levy as a backstop; the resolution lists specific annual levy/required deposit amounts and the reserve-fund requirement.
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The resolution authorizing Dallas County’s $7,510,000 Series 2026 bonds includes a detailed levy and sinking-fund payment schedule and authorizes filing the certified levy with the County Auditor.
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