Title:
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Revised Mecklenburg County Debt Policy
ACTION:
Approve the Revised Mecklenburg County Debt Policy to remain aligned with best practices
Staff Contact: Sarah Lyberg, Finance Director
Presentation: Yes
BACKGROUND/JUSTIFICATION:
The Mecklenburg County Debt Policy was last updated in 2014. Since then, there have been new tax laws, economic shifts, and updates to debt policy best practices.
Staff presented a revised Mecklenburg County Debt Policy to the Board of Commissioners at the September 25, 2018 Budget/Public Policy Meeting. Based on BOCC feedback from that meeting, a final Revised Mecklenburg County Debt Policy is now being presented for approval.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
N/A
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