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Policy 110.3 Debt Service Funds

It is the policy of the BOCC to maintain a reserve in the County’s Debt Service Fund and the Library’s Debt Service Fund between 5% and 10% of the annual principal and interest amounts due on outstanding bonds, plus 100% of any annual principal and interest amounts due on outstanding temporary notes.

Any Debt Service Fund reserve amounts in excess of 10% can only be used to reduce the amount of outstanding debt or to reduce the debt service property tax levy.

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Tue, 11/20/2018 - 11:30am
Thu, 11/22/2018 - 9:30am
Mon, 11/26/2018 - 5:30pm
Tue, 11/27/2018 - 5:30pm
Tue, 11/27/2018 - 5:45pm
Wed, 11/28/2018 - 6:00pm
Thu, 11/29/2018 - 9:30am
Tue, 12/04/2018 - 5:30pm
Wed, 12/05/2018 - 9:00am
Thu, 12/06/2018 - 9:30am