Frequently Asked Questions
How long will it take to pay back the bond?
The County anticipates having this debt paid in 20 years, if not sooner...
The County anticipates having this debt paid in 20 years, if not sooner...
Will the County need to raise my taxes to pay for this bond?
Yes. The County cannot repay this bond, if approved, without a tax increase...
Yes. The County cannot repay this bond, if approved, without a tax increase...
Can I buy the bonds that would be issued after the referendum?
That depends. These bonds will be competitively bid..
That depends. These bonds will be competitively bid..
How much interest will the County have to pay?
That depends on market conditions at the time the bonds are issued...
That depends on market conditions at the time the bonds are issued...
What are bonds?
Bonds are “documents” that the County would issue with a promise to repay the entire amount borrowed, plus interest...
Bonds are “documents” that the County would issue with a promise to repay the entire amount borrowed, plus interest...
Will all areas of the county benefit from this bond?
Yes, the projects recommended are dispersed throughout the county. See the attached proposed project map...
Yes, the projects recommended are dispersed throughout the county. See the attached proposed project map...
