Hays County formalizes new debt management approach
Submitted by Wimberley1 on
From Staff Reports
Hays County on May 21 formalized its debt management policy at the recommendation of County Auditor Bill Herzog and Dan Wegmiller of Specialized Public Finance, Inc., the county’s financial advisor. In addressing the commissioners court, Wegmiller noted that having a court-approved plan in writing helps ensure that the county will maintain its strong bond rating which results in the best possible interest rate when selling bonds.
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