Clark County refinanced two series of bonds last week in a move it said will save taxpayers more than $4.55 million over the next 23 years.
In the process, Moody’s Investors Service reaffirmed Clark County’s Aa1 rating for long-term, voted general obligation debt and Aa2 rating for long-term, non-voted general obligation debt.
“We continue to be a solid county because of our prudent financial management practices put in place well before the beginning of the Great Recession,” said Clark County Board Chair Marc Boldt in a press release.
The bonds were issued to finance, among other things, the Center for Community Health, Event Center at the fairgrounds, technology and the purchase of Conservation Futures properties.
