Monday, August 24, 2009

Governments attracted to lower borrowing costs of stimulus bond programs | Daily Chronicle

Well Boone County it sure sounds like the days of revenue from DeKalb County prisoners is limited.  Or at least that is what the DeKalb County Administrator seems to be  saying.

DeKalb County was allocated $15 million in Recovery Zone Bonds that it can issue. Of that, $6 million can be used for public projects and $9 million can be used on privately owned buildings.
County officials are planning to use the recovery bonds to expand the jail and courthouse. Though funding options for both buildings have been studied for about a year, the announcement of the stimulus bond programs really brought the projects into focus, County Administrator Ray Bockman said.

Governments attracted to lower borrowing costs of stimulus bond programs | Daily Chronicle