The Qualified Energy Conservation Bonds Fund was established to account for construction of infrastructure projects that have a payback from energy conservation. The debt authority for this program was approved by voters in the 2009 election (voters authorized a debt capacity of $6.1 million) and allowed the county to sell bonds for which there is a federal interest subsidy available. Debt service expenditures will end in 2027. The 2023 budget is partially offset by a $409,180 Other Financing Sources from the General Fund, which is the portion of the debt not covered by the anticipated federal interest rate subsidy.

This fund covers the Qualified Energy Conservation Bonds and allows for the creation of cost-effective programs aimed at reducing energy use. The expenditure budget for the debt service in the QECB fund is $464,400. No additional bonding is anticipated in this fund. There are no mill levies for this Debt Service type funds.