Reading all these requests to borrow money from these agencies makes your head spin. In today’s world of increasing interest rates and overspending in general, it is hard to fathom Baltimore County is prepared to borrow this amount of money. Most recent rate of interest is 5%, therefore the annual interest rate will be a whopping $17,000,000 per year. Are you ok with this bill? Do you think our agencies should live within their means? If so, vote NO on all funding requests.
Agricultural and Rural Land Preservation (C) $5,000,000
Community College (D) $18,500,000
Community Improvement (E) $4,000,000
Operational Buildings (F) $27,050,000
Parks, Preservation (G) $2,000,000
Public Works (H) $57,320,000
Refuse Disposal (I) $5,000,000
School Borrowing (J) $200,000,000
Waterway (K) $20,000,000

Total Approximately $339,000,000
Comments