BOC to refinance bonds
Refinancing its 2008 economic development bonds will be one part of the Jackson County Board of Commissioners’ efforts to address an anticipated $3.3 million shortfall in the 2010 budget.
In a called meeting Monday, the BOC agreed to refinance the bonds through Merchant Capital. The action will save the county approximately $2.6 million.
Specifics on the deal will be decided in the next week as county leaders determine exactly how much of the bond revenue to refinance.
Specifics on the deal will be decided in the next week as county leaders determine exactly how much of the bond revenue to refinance.
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#1
Michael McCarthy
on
08/27/09 at 07:32 AM
[Reply]
Clever bookkeeping. It's the American way. How about some cuts too?! Next year isn't going to be any better. Better move now.
#1.1
County worker
on
08/27/09 at 11:39 PM
[Reply]
They are. the county will be starting furloughs shortly.
#1.1.1
2 county worker
on
09/10/09 at 07:40 AM
[Reply]
Yep furlough days for all county employees public safety included deputies off the road and ambulances shut down. 24 hrs before Jan. 1,2010 , 96 hrs in 2010