Debt Review Ordinance
The purpose of the Debt Review Committee (DRC) is to review all debt proposals which anticipate that repayment will occur beyond one fiscal year, and to make recommendations regarding the proposed debt to the County Mayor and the County Council prior to the debt obligation being incurred. The Committee may also review operating revenue and expenditure projections, as well as other financial information deemed necessary in evaluating debt proposals for capital projects.
Regular meetings of the Debt Review Committee are generally held on the last Wednesday of each month at 2:00 pm in the Council conference room. Additional meetings will be scheduled as needed.