Substitute
Public Hearing: YES ☐ NO ☒ Department: Finance
SUBJECT:
Title
Commission District(s): All Commission Districts
The adoption of the County Debt Management Policy for the purpose of setting forth parameters for issuing debt and managing outstanding debt. The intent is to provide structure for decisions regarding types and amounts of permissible debt, method of sale that may be used, structural features that may be incorporated, and the timing and purposes for which debt may be issued.
Body
Information Contact: Dianne McNabb, Interim Chief Financial Officer
Phone Number: 404-371-2745
PURPOSE:
This version changes content related to County titles for the Executive Assistant and Finance Director included within and specific verbiage about the intent of the policy itself.
NEED/IMPACT:
The attached County policies explicitly: (1)Set forth parameters for issuing debt and managing outstanding debt. The intent is to provide structure for decisions regarding the timing and purposes for which debt may be issued, types and amounts of permissible debt, method of sale that may be used, and structural features that may be incorporated. The Debt Policy Addendums include: 1. The Post-Issuance Compliance Policy; and 2.The Continuing Disclosure
FISCAL IMPACT:
No Fiscal Impact
RECOMMENDATION:
Recommended Action
Adopt the County Debt Management Policy and Addendums