Arlington County has issued $58 million of Series 2017 IDA Revenue Bonds in a negotiated sale sold to investors at a 3.24 percent average interest rate.
In a series of roundtables, the county’s executive leadership team will be discussing budget priorities and challenges.
The County plans the October revenue bond sale to finance large capital projects, including the purchase of the Buck Property and a new home for Head Start.
The County Board will consider dozens of items at its September County Board Meeting.
Arlington County sold $185 million in bonds at a near-record low interest rate.
Arlington earns the coveted Triple-AAA rating for the 17th year in a row.
The Board will consider dozens of items on Saturday, May 20 and Tuesday, May 23, that are on the agenda for the May 2017 County Board Meeting.
The Board made cuts and reallocations to the Manager’s proposed budget, and set a 1.5-cent property tax rate increase to fund Metro and Schools.
The County Board will consider dozens of items at its April Board Meeting, including the FY 2018 Budget.
The optional cuts would be shared by Arlington Public Schools.