OUTSOURCING OR SELLING COUNTY DEBT

Board of County Commissioners · 2026-07-21 · report

This is a legislative report, not a construction project. It analyzes the feasibility of outsourcing or selling County debt. The report recommends the Board consider selling a portion, not the totality, of the outstanding debt portfolio. As of July 29, 2025, the outstanding debt for County Departments was about $525 million. Of that, almost $41 million gross (8%) could be considered for sale. The other 92% is not recommended. The report is in response to Resolution R-785-25, sponsored by Commissioner Danielle Cohen Higgins, adopted July 16, 2025. The report was introduced 6/15/2026, and the final action was on 7/21/2026, when it was accepted by the Board of County Commissioners. No specific project site, address, parcel, or zoning change is stated.