Short-term Bond To Pay For Kcso Cruisers

Knox County Mayor Tim Burchett has said he doesn't want to issue debt in the 2015-16 budget, but he has proposed short-term bond funding for new vehicles for the sheriff's office. Tax dollars from the county's debt service money will pay back the short-term bonds, according to Finance Director Chris Caldwell, who said they're different from long-term bonds often used to build new schools or a libraries.

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Topics:  Tennessee   Knox County   Knoxville   
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