Mary Davis Home Bonds Summary

The County Board authorized the issuance of $1,905,000.00 General Obligation Bonds (Alternate Revenue Source), Series 2001, for the purpose of refunding Series 1993 (prior bonds).  The prior bonds were issued for the purpose of advance refunding Series 1990 (original bonds).  The original bonds were issued for the purpose of financing the expansion, remodeling and improvement of the County Juvenile Detention Center known as the Mary Davis Home, including acquisition of furnishings and equipment, site preparation, relocation of utilities, land acquisition, and related costs.

Projected beginning fund balance for 2003-2004	$ 0.00
Projected Revenue (+)	295,000.00
Projected Expenses (–)	295,000.00
Projected Ending Fund Balance	0.00