Garrisonville Road Service District Fund

The following schedule shows activity in the Garrisonville Road Service District Fund. The tax rate for the service district is $0.085 per $100 of Assessed Valuation.

In November 2008, voters approved a referendum authorizing General Obligation (GO) debt for Garrisonville Road area road improvements. The project is funded with bonds, service district taxes, and state revenue sharing. Series 2013 bonds were issued in June, 2013.

Debt service on the GO bonds will be paid from service district revenue.

Fund Balance Summary