Board of Supervisors - 18 Aug 2026
6:34 A bond issue would require the funding of a debt service reserve fund which DelVal loan does not require. That reduces the amount that needs to be financed by almost $3 million.Play from 6:34
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6:34 A bond issue would require the funding of a debt service reserve fund which DelVal loan does not require. That reduces the amount that needs to be financed by almost $3 million.Play from 6:34
Dripping Springs Texas Meetings ·
25:48 So reserve fund we had historically put in uh 300,000 uh or 500,000 depending on the year. We've reduced that the last couple years and so that would be putting in uh that additional money for those years just backfilling what we…Play from 25:48
1:36:28 This does not does not protect us from a future of declining services and layoffs where nearly every olympic games has gone over budgets in the billions of dollars.Play from 1:36:28
1:02:03 There is a structuring alternative being considered where we might. So when we sold the original bonds, we used a portion of the proceeds to establish a debt service reserve fund.Play from 1:02:03
49:45 So I take away from this is that the industry fits the broader pattern we hear about of a low higher but low fire environment. In fact, when you look at the layoffs, that also supports this low fire picture.Play from 49:45
11:09 …ategories Sir Tories CFO. And it's doing so authorised staff to proceed with the replacement of the Lockered in Cemetery Moor. And funded from the Cemetery Reserve Fund.Play from 11:09