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	<title>Cecil Times &#187; bond rating</title>
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		<title>County Council Frets on Bond Rating, Sewage Fees; Compromise to OK Exec&#8217;s Fee Boosts for 2 Years</title>
		<link>https://ceciltimes.com/2018/08/cecil-county-council-frets-on-bond-rating-sewage-fees-compromise-to-ok-execs-modest-fee-boosts-for-two-years/</link>
		<comments>https://ceciltimes.com/2018/08/cecil-county-council-frets-on-bond-rating-sewage-fees-compromise-to-ok-execs-modest-fee-boosts-for-two-years/#comments</comments>
		<pubDate>Wed, 22 Aug 2018 00:08:58 +0000</pubDate>
		<dc:creator><![CDATA[Nancy Schwerzler]]></dc:creator>
				<category><![CDATA[Alan McCarthy]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[cecil county]]></category>
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		<category><![CDATA[Bob Meffley]]></category>
		<category><![CDATA[bond rating]]></category>
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		<category><![CDATA[Moody's]]></category>
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		<category><![CDATA[sewer fees]]></category>

		<guid isPermaLink="false">https://ceciltimes.com/?p=5354</guid>
		<description><![CDATA[The Cecil County Council heard a strong pitch from an outside expert on the county’s bond rating on Tuesday (8/21/2018) to demonstrate fiscal responsibility on the county’s sewage funds, which have been running a deficit for years. In response, Council members indicated support for a compromise to give the county executive his request for the first two years of a fee boost plan but defer action on a larger, later fee increase. The bottom line of the proposed compromise is that sewage user fees would have a small, pennies-per-day increase for the next year and a half, while putting the “enterprise funds” on a path toward self-sufficiency. But the deal would put off the political pain of a real deficit-reduction plan until after the next local election, or until the local economy has a major boost in economic development. Cecil County Executive Alan McCarthy had proposed a three-year plan to put the county’s sewage treatment “enterprise funds” on a path toward fiscal balance, by having users of the services pay most of the costs. Currently, all county taxpayers&#8211; including the majority who do not use sewage services—pay as much as $3.2 million a year to subsidize sewer customers who are [&#8230;]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Sewage Fees: Another &#8216;Holy Crap Moment&#8217; Faces County Council; Will They Punt Again?</title>
		<link>https://ceciltimes.com/2018/07/sewage-fees-another-holy-crap-moment-faces-county-council-will-they-punt-again/</link>
		<comments>https://ceciltimes.com/2018/07/sewage-fees-another-holy-crap-moment-faces-county-council-will-they-punt-again/#comments</comments>
		<pubDate>Wed, 18 Jul 2018 20:19:12 +0000</pubDate>
		<dc:creator><![CDATA[Nancy Schwerzler]]></dc:creator>
				<category><![CDATA[Alan McCarthy]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[cecil county]]></category>
		<category><![CDATA[cecil county government]]></category>
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		<category><![CDATA[greg Meffley]]></category>
		<category><![CDATA[Joyce Bowlsbey]]></category>
		<category><![CDATA[Lisa Saxton]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[reserve funds]]></category>
		<category><![CDATA[Scott Flanigan]]></category>
		<category><![CDATA[Seneca Point]]></category>
		<category><![CDATA[sewage]]></category>
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		<guid isPermaLink="false">https://ceciltimes.com/?p=5342</guid>
		<description><![CDATA[NEWS ANALYSIS The three water-filled jugs placed in front of the witness table at the Cecil County Council worksession on Tuesday (7/17/2018) were a graphic show-and-tell representation of what has been described in the past as a “holy crap moment” in the long and politically torturous saga of providing and paying for adequate sewage services in the county. One jug was a murky shade of deep brown: untreated raw sewage as it flows through pipes into the county’s Seneca Point treatment plant on the Northeast River; one jug contained amber-hued water from the river itself, the same waters local residents enjoy for swimming and fishing; and the final jug contained crystal clear water discharged from the state-of-the-art treatment plant. The jugs were also a metaphor for the county’s fiscal health and the questions facing the County Council: will the county continue to take the murky waters route to bury the actual costs of providing sewage services to those who use the facilities by raiding general revenues provided by all taxpayers, including those who do not use the services? (That ‘brown jug’ option cost general fund accounts $3.2 million in Fiscal 2017.) Or will the Council choose an amber-hued middle ground, [&#8230;]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Cecil County Budget: Council Backs Most of County Exec Budget, Majority Supports Calvert Park; County Bond Rating Upgraded</title>
		<link>https://ceciltimes.com/2014/05/cecil-county-budget-council-backs-most-of-county-exec-budget-majority-supports-calvert-park-county-bond-rating-upgraded/</link>
		<comments>https://ceciltimes.com/2014/05/cecil-county-budget-council-backs-most-of-county-exec-budget-majority-supports-calvert-park-county-bond-rating-upgraded/#comments</comments>
		<pubDate>Wed, 14 May 2014 16:28:53 +0000</pubDate>
		<dc:creator><![CDATA[Nancy Schwerzler]]></dc:creator>
				<category><![CDATA[Business]]></category>
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		<category><![CDATA[Robert Hodge]]></category>
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		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Alan McCarthy]]></category>
		<category><![CDATA[bond rating]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[budget]]></category>
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		<category><![CDATA[cars]]></category>
		<category><![CDATA[Cecil county budget]]></category>
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		<category><![CDATA[Clyde VanDyke]]></category>
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		<category><![CDATA[Craig Whiteford]]></category>
		<category><![CDATA[Diana Broomell]]></category>
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		<category><![CDATA[Joyce Bowlsbey]]></category>
		<category><![CDATA[Michael Dunn]]></category>
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		<category><![CDATA[public works]]></category>
		<category><![CDATA[Scott Flanigan]]></category>
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		<category><![CDATA[Tari Moore]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">https://ceciltimes.com/?p=3811</guid>
		<description><![CDATA[The Cecil County Council indicated informal support for most of County Executive Tari Moore’s proposed Fiscal 2015 budget during a Tuesday afternoon worksession, supporting county schools and library spending and rejecting a bid by Council President Robert Hodge (R-5) to scale back spending on a new regional park. But the Council did agree to save $2.8 million by deferring a sewer upgrade at Cherry Hill and to use the budget process to require higher mileage for county Sheriff’s cars before they are replaced. And County Executive Moore announced Tuesday that one national bond rating agency had upgraded its rating of the county’s bond credit-worthiness, a move that could reduce the costs of county borrowing for capital projects. Hodge declared at the outset of the session that the panel was not taking any formal votes but as members went through the line items, as well as recommendations from a citizens’ budget advisory panel, the majority sentiments were clear. The Council will hold another worksession next week and will conduct its formal votes and adoption of a new budget at its evening meeting on Tuesday 5/20/14. Par for the course at recent Council worksessions, Councilor Diana Broomell (R-4) took verbal shots at [&#8230;]]]></description>
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		<slash:comments>6</slash:comments>
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